Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Private equity firm Advent International has acquired Noosa Yoghurt in the US for an undisclosed amount. Noosa Finest Yoghurt is currently sold in more than 5,000 grocery, natural and specialty stores across the nation including Whole ...
Tags: Noosa Yoghurt, Agriculture
Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
Trump Home and Serta recently teamed up to introduce a new hybrid mattress collection, which is now available at Spector Furniture in Ansonia, CT. The new Trump Home iSeries mattress collection represents a collaboration between the Trump ...
Tags: Mattress, Furniture, Furnishing
Trump Home and Serta recently teamed up to introduce a new hybrid mattress collection, which is now available at Spector Furniture in Ansonia, CT. The new Trump Home iSeries mattress collection represents a collaboration between the Trump ...
Tags: Furniture, Furnishing, Mattress
Memphis-based retailer Royal Furniture says it will open two stores near Birmingham, Ala., on June 1. A 35,000-square-foot store will occupy the old Books-A-Million store in Hoover Commons, 1615 Montgomery Highway, in Hoover. And a ...
Tags: Two Royal Furniture, great opportunity, Furniture&Furnishing
YONKERS, N.Y. — Mattresses by Serta and Sleep Number top the latest list of mattress ratings issued by Consumer Reports. Meanwhile, the top-rated mattress retailer is once again Cleveland-based Original Mattress Factory, a ...
Tags: Costco, CR, Consumer Report, mattress
Hudson's Furniture will open a 110,000-square-foot Furniture and Home Furnishing Retail Center on March 1 at DeSoto Square Mall here. The Sanford, Fla.-based Top 100 company is opening in a former Dillard's department store space, ...
Tags: Furniture, Furnishing
Serta is following up the success of its iComfort gel memory foam line and its iSeries gel memory foam and innerspring line with a move to unify the brands with common features, benefits, step-up stories and aesthetics. It is introducing ...
Top 15 bedding producers generally see modest gains for the industry next year,one that would keep bedding on a growth track. Another growth year would be welcome,but the ride could be a bit rocky.Some producers see a year of ups and ...
Tags: Bedding Producers, Modest Gains
A formal search process to name a president for the Serta brand is now under way, Furniture/Today has learned. Gary Fazio, CEO of Serta Simmons Holdings, the parent company of the Serta and Simmons brands, confirmed to the newspaper that ...
Paramount Sleep has named bedding veteran Richard Fleck president of the company. Fleck, formerly chief marketing officer at the company and a former Spring Air executive, succeeds Jamie Diamonstein as president of the bedding source. ...
Tags: Light Industry, Daily Use
Bob Sherman, who built Serta into the nation's largest bedding producer, is leaving Serta to pursue other interests, officials announced. His wife, Barbara Bradford, a senior Serta official, is also leaving. No reason for the departures, ...
Tags: Light Industry, Daily Use
Dubai Furniture Manufacturing Company LLC (DFMC), a market leader in premium mattress segment in Middle East, has launched iSeries by Serta at the Hotel Show 2013, to provide cooling, pressure-relieving comfort plus exceptional ...
Tags: Hotel Show, Mattress
Lift chair resource Mega Motion is teaming with bedding major Serta for a new line of Serta-branded lift chairs that will be unveiled at next month's High Point Market. Called the Serta Comfort Lift Chair, the three-model lineup features ...
Tags: Furniture, Furnishing