Mattress company ends sale process amid what its chief executive describes as an ‘economic tsunami’

The mattress company Eve Sleep has called in administrators after succumbing to what its chief executive described as an “economic tsunami”.

The company, whose share price has slumped more than 90% this year, said it had received a number of indicative offers from potential buyers but none had progressed beyond due diligence.

Mattress company ends sale process amid what its chief executive describes as an ‘economic tsunami’The mattress company Eve Sleep has called in administrators after succumbing to what its chief executive described as an “economic tsunami”.The company, whose share price has slumped more than 90% this year, said it had received a number of indicative offers from potential buyers but none had progressed beyond due diligence. Continue reading…