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In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]
In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups. [3] 1981 sales were $150 million. [4] In 1983, La-Z-Boy introduced its first line of stationary sofas and occasional chairs, later offering a full line of home furnishings. [3]
DFS then acquired its smaller rival, Sofa Workshop, in November 2013. [13] The company went on to buy Dwell, another competitor which was struggling in the market, in August 2014. [14] [15] On 6 March 2015, the company floated on the London Stock Exchange again as DFS Furniture plc. [16]
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A recliner Recliner aboard a business jet. A recliner is an armchair or sofa that reclines when the occupant lowers the chair's back and raises its front. [1] [2] It has a backrest that can be tilted back, and often a footrest that may be extended by means of a lever on the side of the chair, or may extend automatically when the back is reclined.
A couch unfolded into a bed. A sofa bed or sofa-bed (in the US often called a sofabed, hide-a-bed, bed-couch, sleeper-sofa, or pullout sofa) is a multifunctional furniture typically consisting of a sofa or couch that, underneath its seating cushions, hides a metal frame and thin mattress that can be unfolded or opened up to make a bed.
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