Mattress manufacturer Kingsdown Inc., with headquarters in Mebane, North Carolina, has signed a licensing agreement with Chinese manufacturer and retailer Roth Bedding Technology International Ltd. The deal gives Roth the right to manufacture the entire line of Kingsdown bed brands, and to create new Kingsdown products exclusively for the Chinese market.
In 2015, the Hong Kong-based company will open 65 retail storefronts on the Chinese mainland carrying Kingsdown mattresses, as well as Roth furniture products. A total of 500 stores is slated to open during the next five years, a Kingsdown news release said.
Kingsdown entered the Chinese market in 2012 with the Sleep to Live brand and bedMATCH, its comfort-diagnostics tool.
“We have enjoyed a fantastic reception in China over the past few years but saw an even greater opportunity to really capture the country’s luxury consumer,” said Frank Hood, Kingsdown president and chief executive officer. “This partnership with Roth Bedding is the boldest relationship ever entered into by our company and we are thrilled to have found an organization that enjoys an equally ideal reputation for their attention to detail, high quality and service.”