Purple Innovation Announces Acquisition of IntellibedFurniture World News DeskPurple Innovation, Inc., leader in Gel Grid technology mattresses, announced the acquisition of Intellibed, a leading sleep health and wellness company. The acquisition will naturally extend Purple’s premium mattress range into the luxury category and harness the true power of Gel Grid technology under one brand. “Intellibed is an excellent fit for Purple,” said Rob DeMartini, Chief Executive Officer of Purple. “Intellibed has licensed certain aspects of Purple’s gel technologies for many years;...
Release time:
2022
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Martin Ploy to Retire from AICO After More than 50 Years in IndustryFurniture World News DeskAfter over 50 years in the home furnishings industry, Martin Ploy, President of AICO is announcing that he has decided to retire this year in early November. Mr. Ploy has enjoyed a truly remarkable career and has been part of AICO’s executive leadership team for the last twenty years, coming on board as Vice President of Sales & Marketing in 2002, and has served the past twelve years as AICO’s President.“Martin’s manufacturing, retail, sales, marketing, managerial background, and unique communicati...
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2022
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Massood Opens 530,000 Sq. Ft. Warehouse SpaceFurniture World News DeskWith Spring/Summer retail sales slowed by the economic recession, manufacturers, retailers and E-Tailers have been scrambling to find warehouse space as distribution centers bulge to capacity. Massood Logistics announced it has re-opened more than 500,000 sq. ft. for immediate use by retailers, E-tailers or manufacturers looking for additional warehouse space or assistance with their distribution logistics.“We spent the summer reconfiguring our warehouse network to free up space,” said Edward Massood, CEO of Massood Logistic...
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2022
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AICO Opens New Manufacturing Warehouse Facility in South VietnamFurniture World News DeskFull-service home furnishings manufacturer AICO has completed construction of a 500,000-square-foot manufacturing warehouse facility equipped with showrooms and management offices, and has moved in within the last few months. Located in the Vietnam Singapore Industrial Park in Binh Duong Province, north of Ho Chi Minh City, recognized as one of the most contemporary commercial parks for Asia Pacific, this state-of-the-art facility was completed in early 2021. However, due to the pandemic, moving into the f...
Release time:
2022
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