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Turkish economy
Turkey to target ‘under the mattress’ gold in effort to bolster the lira
...a scheme aimed at bringing billions of dollars worth of “under the mattress” gold into the banking system, the country’s finance minister told investors...
February 9, 2022
FT Globetrotter
Pillow talk: the best ‘sleep programmes’ in London’s top hotels
...the less likely you are to nod off. However, the lure of mattress toppers, blackout blinds, triple-glazed windows and “Do Not Disturb” signs could...
January 31, 2022
FT SeriesWellbeing and fitness: the science of sleep
Are you sleeping sustainably?
...“Most expensive mattresses are still, generally, full of synthetics,” says Mark Tremlett, a keen sailor who co-founded Devon-based company Naturalmat in 1999...
October 6, 2021
LexPersonal & Household Goods
Steinhoff/Mattress Firm: springing into action Premium content
...Customers of the hilariously-named Mattress Firm have slept more peacefully than frazzled investors of owner, Steinhoff. When the South Africa-rooted conglomerate bought the...
September 1, 2021
US & Canadian companies
What’s under the mattress at US mega-caps?
Of dollars and dust bunnies.
April 7, 2020
News in-depthUS retail
US retailers teeter on the brink as 630,000 outlets close
...total $86bn from credit lines, according to Autonomous Research. Some, such as Mattress Firm, have told landlords that they will fail to make required rent...
March 30, 2020
FT AlphavilleJemima Kelly
Further reading
...Elsewhere on Thursday... -- The mattress landfill crisis. -- Keir Starmer is not who you think he is. -- Boris and his New Year’s Mustique getaway. -- The...
February 13, 2020
Equities
Markets not live, Wednesday 12th February 2020
...s cut forecasts on nCov. .... The Guardian has a long read about mattress mountains that’s relevant to investors in Eve Sleep and Casper, while...
February 12, 2020
Casper Sleep Inc
Mattress company Casper ends first day of trading 13% higher
...Shares in the mattress-in-a-box company Casper jumped in their debut on Thursday to close almost 13 per cent higher but still falling...
February 6, 2020
LexIPOs
Casper Sleep: stressed rest Premium content
...to the insomnia for executives at Casper Sleep. Late on Wednesday, the mattress upstart priced its initial public offering at just $12 per share. A...
February 6, 2020
IPOs
Casper seeks drastically lower valuation in IPO
...Mattress company Casper is seeking a much lower valuation than previously thought amid waning market appetite for lossmaking groups since the collapse of WeWork’s...
February 5, 2020
Social Media
Social media influencers named as stock market listing risk factor
...one of the risk factors facing its initial public offering. The US mattress-in-a-box company launched in 2014, and emerged as an internet...
January 11, 2020
IPOs
Online mattress group Casper files for IPO
...Casper, the mattress company, has fired the starting gun on a long-awaited stock market launch, hoping public market investors will want a stake in...
January 10, 2020
Personal Finance
Mattress reviews can give you restless nights
...bad” review, Mr Block says he might, say, advise that a certain mattress may be too firm for light sleepers. Power of influencers Mattress start...
October 2, 2019
News in-depthSocial Media
How start-ups have used Instagram to build $1bn businesses
...users to build their businesses. Larger examples include beauty brand Glossier and mattress company Casper, both of which became “unicorns” last month, after raising another...
April 4, 2019
African companies
Ex-Steinhoff executives used €6.5bn in fake transactions, report says
...the South Africa-based company, which owns Poundland in the UK and Mattress Firm in the US, led the fakery, “which had the result of...
March 15, 2019
Richbond International
What Morocco’s Richbond and HPS learnt from African expansion
...Richbond For Karim Tazi, owner of Richbond, a Moroccan manufacturing group, setting up a mattress factory in Ivory Coast proved “a hurdle race every day...
January 24, 2019
Artisans
Dream items: how bespoke handmade mattresses are made
...Mattresses are among the most important things we’ll ever buy and the most personal pieces of furniture. Let’s be frank, our lives tend...
November 16, 2018
Retail sector
Mattress Firm files for bankruptcy protection
...bill of $65m, Mattress Firm owes most to Simmons Manufacturing, while Serta Mattress Company is owed $25.5m and Leggett & Platt is owed $12m. Mattress...
October 5, 2018
Personal & Household Goods
Mattress start-up Casper offered credit in UK without permission
...A US online mattress start-up backed by rapper 50 Cent has been forced to stop offering credit to UK customers, after it emerged it...
August 31, 2018
European companies
Steinhoff probing possible executive bonus clawback
...French furniture retailer Conforama, British discount store Poundland and US bedding maker Mattress Firm, said it is “making every effort” to finalise its accounts for...
May 10, 2018
Personal & Household Goods
Steinhoff seeks lender support to save business
...the balance,” it said. Steinhoff, which owns the UK’s Poundland and Mattress Firm in the US, was rocked in early December after admitting to...
January 18, 2018
Jo Ellison
What does your mattress say about you?
...I last purchased a mattress about six years ago. As I remember, it required a five-minute waltz around the British homewares store John Lewis...
January 4, 2018
Companies
Investec warns of profit knock from Steinhoff scandal
...spree over the past decade, including the purchase of companies such as Mattress Firm in the US and Poundland in the UK. But the group...
December 11, 2017
Retail sector
Shares in retailer Steinhoff plunge 60% after global deal spree
...chain Poundland last year, Australia’s Fantastic, and the US furniture group Mattress Firm. It also spun off its African retail assets into a separate...
December 6, 2017

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