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Shifman & Bro. Mattress Company was founded in 1893 when brothers, Abraham and Samuel Shifman established a bedding manufacturing company. [2] Twenty-three years later, Samuel bought out his brother's interest and changed the company's name to Shifman Bros., Inc. when his three sons, Milton, Simon and Arthur joined the company.
The pocketed coil is the basis for the Simmons Beautyrest mattress brand, which was introduced in 1925. [6] Although the new manufacturing technology greatly reduced its cost, at the time of its introduction a Beautyrest mattress sold for $39.50, three to four times more than the typical price for a standard wire mattress. [7]
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The company shifted to a licensing model. As of 2019, it has over 30 licensees and is operating in more than 90 countries. [5]King Koil ventured into the United Arab Emirates in 1993, collaborating with its licensee, Dubai Furniture Manufacturing Company (DFMC), which became the first licensee in the Middle East, and now it operates 15 King Koil showrooms in the UAE.
Don't Miss the Last Few Hours of Prime Day Mattress Deals to Take Up to 47% Off. Ellen McAlpine. July 17, 2024 at 1:50 PM. ... When Is the Best Time of Year to Buy a Mattress?
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