MARKETS

Sealy to launch eco-friendly mattress collection

Tempur Sealy International Inc.
TPX,
-1.73%
said Friday that it is launching Sealy Naturals, an eco-friendly line of mattresses. Coming in the summer, the Naturals line is made from responsibly-sourced materials including wool, hemp, organic cotton and natural latex. Prices will start at $3,499 for a queen-sized mattress, which will come in firm, soft and medium options. Sealy Naturals will be a collection of hybrid mattresses with both an innerspring and latex design. Tempur Sealy stock has rallied 37.6% over the past year, outpacing the S&P 500 index
SPX,
-1.89%,
which is up 16.3%.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *