Mattress maker grows sales and maintains momentum

The UK and Ireland division of Tempur Sealy International has reported a growth in sales and profit.

According to its latest filed accounts for the year ended 31 December 2022, total Tempur UK sales rose 3% to £52.6m from £51.1m in 2021.

Pre-tax profit resulted at £3.6m, up from £2m recorded the previous year.

Stated within its report, the company said: “As inflation and the cost of living increased the UK furniture market experienced a slow down but through continued advertising investment and strategic initiatives with our retail partners, Tempur UK was able to grow sales and maintain momentum.”

Tempur added that turnover from its retail partners, including its largest customer Dreams – which is owned by parent group Tempur Sealy International, was flat on the prior year, with 80% of sales coming through this channel.

As for its direct to consumer business, which accounts for 20% of turnover and operates through its online platform and 10 stores, ecommerce sales declined 2% following a record year previously. Own store sales delivered “strong” results, up 41%, with the overall segment growing revenues by 15% against the prior year.

More recently, Tempur UK has announced the appointment of Thomas Hart as its new Training and Advocacy Manager. Tom has a wealth of experience in training and advocacy with leading retail brands.

“Tom is looking forward to building relationships with our National Retailers learning and development teams to unlock new training processes and programs on a national level so advisors working in stores have access to TEMPUR® knowledge via digital, online seminars and face to face training in stores and at our own showroom in Hayes,” the company said.

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