Bed retailer Dreams has fallen out with one of its long-term suppliers, casting a fresh shadow over plans to revitalise the group with a £20million refinancing. Silentnight, which also supplies Britain’s biggest retailers, including John Lewis and Tesco A West Yorkshire bed-making factory which employs 200 people is to shut. Silentnight said it was consulting with employees and unions over the closure of its Rest Assured factory, at Batley, which opened in 1898. The firm said it was focusing production at FAMILY-owned homewares and electrical products supplier Benross is bedding-down with Silentnight.The Liverpool-based company, owned by the Juneja family, has signed a licensing deal with the bedding brand to produce a collection of Silentnight- branded HIG is the bogeyman in question – or, more precisely, Bayside Capital, its debt arm. Spotting that the legs were just about to fall off the Silentnight bed, Bayside paid £3.7m for the senior debt of a company suffocating under a pension deficit of as ***Competition now closed – Thank you for entering*** We all know how things can get a bit hectic over the Christmas period, so January is definitely the time for putting your feet up and letting your body recover from the busy party season. Getting a The UK’s biggest bed manufacturer is campaigning for value added tax to be ditched on beds in an effort to boost sales from cash-strapped consumers and give a fillip to UK manufacturing. Silentnight, which sells 550,000 beds each year, said the health .
It was placed in administration with KPMG over the weekend after failing to secure a deal with creditors and was snapped up by HIG, safeguarding 1,250 jobs. Chief executive Neal Mernock added: “Silentnight is now in a much stronger financial position The firm behind Silentnight, the beds manufacturer, is among a pack of predators circling Dreams, the retail chain which has been put up for sale in an effort to secure its future. I understand that HIG Europe, which acquired Silentnight in a controversial She will be responsible for developing a strategic direction for the group’s brands, which include Silentnight Beds and upholstery company Parker Knoll. A Silentnight spokesman says the appointment will not affect individual brand teams or agency .
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