Kingsdown, Inc has announced that it has signed a new licensing agreement with Chinese bedding producer and retailer, Roth Bedding Technology International Limited, to open 500 stores over the next five years. The move will position Kingsdown as the largest luxury mattress brand sold in the world’s fastest growing consumer market.
In 2015, the first year of the program, 65 stores in China are slated to open, two of which celebrated Grand Openings in February. Through the agreement, stores will only carry Kingsdown bedding and furniture products manufactured by Roth, using the same high quality standards that are used in the US. The newly minted partnership is the direct result of the historical successes seen by Kingsdown as an international luxury brand, its ability to uniquely innovate in both style and product functionally and identifying a partner that could execute such a monumental undertaking.
Kingsdown entered the Chinese market with their Sleep to Live and bedMATCH brands in 2012 and has enjoyed growth with other major bedding manufactures and retailers. The Roth partnership and significant number of branded stores mark an initiative to increase and strengthen the brand’s presence in China, taking advantage of the demand for an American brand with a rich history in handcraftsmanship and style. The Kingsdown stores will sell popular Kingsdown collections, as well as products specifically designed and developed for the Chinese marketplace.
“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. 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” said Kingsdown President and CEO Frank Hood.
Roth Bedding General Manager Jie Du concurred: “We believe there is a tremendous opportunity to serve the Chinese market with fine Kingsdown product and are extremely excited to further Kingsdown’s presence with a substantial 500 stores. The company’s focus on styling, quality and groundbreaking research to deliver a more luxurious night’s sleep is a differentiator that will be appreciated by our consumers.”
For more information, visit kingsdown.com.
About Kingsdown: Kingsdown, Inc. founded in 1904 and headquartered in Mebane, North Carolina, USA is a manufacturer of premium mattress systems serving leading retailers across the United States and in more than 20 countries. The company was honored in 2014 as the North Carolina Manufacturer of the Year for mid-sized companies at the McGladery Manufacturing Summit. Each Kingsdown product is manufactured using handcrafted techniques combined with state-of-the-art research, materials and equipment.