Dreams (bed retailer)
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| Limited company | |
| Industry | Furniture retailing and manufacturing |
| Founded | 1985 |
| Headquarters | Loudwater, High Wycombe, Buckinghamshire |
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Key people
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Mike Logue, Chief executive |
| Products |
Beds Bedroom furniture Bedsteads Duvets Futons Mattresses Pillows |
| Revenue | £194m GBP (2008) |
| Owner | Sun European Partners |
| Website | www |
Dreams is a United Kingdom-based bed retailer and manufacturer specialising in beds, mattresses, bedroom furniture and bed linen. The first Dreams store opened in 1987, and today there are 170 stores nationwide. The company has its own purpose-designed mattress factory, and currently employs around 1,500 people, across a network of retail showrooms.
The first Dreams store opened in Uxbridge in 1987. By 2000, Dreams had 50 stores, and opened its own mattress factory.
In April 2013, Dreams PLC went into an pre packaged administration, and was purchased by Sun European Partners. It has since traded as Dreams Ltd.
Sun European Partners put the retailer on sale in early 2017, advised by N M Rothschild & Sons.
Dreams was the main sponsor of the Channel 4 reality television show Celebrity Big Brother from its sixth series in 2009 to its seventh series in 2010. In 2013, they then sponsored the eleventh series of Celebrity Big Brother, this time on Channel 5.
Investigations in to the business's operations have been conducted by the United Kingdom's Office of Fair Trading in 1998 and again in 2001, due to contracts in breach of the Unfair Terms in Consumer Contracts Regulations 1999. Following customer complaints, the company was also investigated and featured on BBC's Watchdog programme. In response to this matter Dreams made an apology on the programme.
In February 2007, Dreams was investigated and censured by the Advertising Standards Agency for misleading claims in its promotional material. In 2010, another complaint against Dreams was upheld by the ASA, which ruled that Dreams' advertising broke the rules regarding truthfulness, and contained misleading advertising without evidence to back up its claims.
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Wikipedia