Boll & Branch

Last updated

Boll & Branch
Company type Private
Industry Bedding, Mattress
Founded2013
FounderScott Tannen, Missy Tannen
Headquarters
Summit, New Jersey
Area served
 United States, Canada, United Kingdom, Australia
Products bed sheets, blankets, pillows, mattress
Website bollandbranch.com

Boll & Branch is a privately held, U.S. based, e-commerce company that manufactures and sells luxury bedding online. Headquartered in Summit, New Jersey, the company is the first luxury bedding manufacturer to be certified by Fair Trade USA. [1] [2]

Contents

Boll & Branch launched in January 2014 by a former third grade teacher, Missy Tannen [3] and her husband, a former Wrigley and Kraft Foods exec, Scott Tannen, who self-funded the venture. [4] [5] [6] [7] Most of the company's products are manufactured in Kolkata, India with the cotton being grown by CHETNA Organic in Orissa, India. [8]

The company's annual revenue is estimated to be in excess of $100 Million. [9]

In August 2017, they announced the opening of its first brick & mortar retail location in The Mall at Short Hills in Short Hills, New Jersey [10] In October 2019, Nordstrom announced that it will make Boll & Branch products available in 21 of their stores. This will be the first time the company's products are available through a third-party retailer. [11] The company was among the first retailers to utilize Far-UVC 222 lighting to sanitize their stores in the Town Center at Boca Raton and in Greenwich, CT. [12]

Products

Boll & Branch has received notice for its ethical and sustainable manufacturing of luxury bed sheets. [13] [14] In August 2015, it launched a line of organic cotton bath towels and introduced a line of crib sheets and blankets for babies in October 2015. [15]

In October 2016, the company launched a line of flannel bedding made in Guimaraes, Portugal. [16] In June 2018, it introduced a line of ethically sourced Down pillows. [17]

In October 2018, it expanded into the mattress industry. They promote their "luxury mattress" as not containing memory foam, but rather using wool, coils and organic cotton. [18]

Investments

Boll & Branch received $7 million Series A funding from Silas Capital in April 2016 and raised a $4 million Series B investment in October 2017 also from Silas Capital. [19]

In August 2019, the company received a $100 Million investment from private-equity firm, L Catterton. With this investment, Founder Scott Tannen will continue in his role as CEO. [20]

Retail Expansion

In 2023, Boll & Branch announced the opening of physical retail stores in Houston, Texas, [21] Dallas, Texas, [22] and The Grove at Shrewsbury in Shrewsbury, New Jersey. These three new stores bring the company to a total of six stores nationally, including their original location in The Mall at Short Hills in Short Hills, New Jersey, as well as Boca Raton, Florida and Greenwich, Connecticut. The Company reports that all six locations are profitable. [23] [24]

References

  1. ↑ File, Forbes Style. "Designer Spotlight: Boll & Branch First To Revolutionize Ethics In Luxury Bedding Industry". Forbes. Retrieved October 20, 2016.
  2. ↑ "Boll & Branch LLC: Private Company Information - Businessweek". www.bloomberg.com. Retrieved October 17, 2016.
  3. ↑ Dunn, Laura (May 13, 2015). "Women in Business Q&A: Missy Tannen, Co-Founder and President, Boll & Branch | Huffington Post". The Huffington Post. Retrieved October 20, 2016.
  4. ↑ "This Company Will Make You Rethink The Sheets You Sleep On Every Night". A Plus. May 20, 2016. Retrieved October 20, 2016.
  5. ↑ "Your best bedroom ever: Aim higher than luxury-hotel sheets – The Denver Post". April 3, 2015. Retrieved October 20, 2016.
  6. ↑ Chhabra, Esha. "How One Self-Funded Home Decor Brand Is Challenging Big Box Retailers With Their Supply Chain". Forbes. Retrieved October 17, 2016.
  7. ↑ Gelles, David (June 16, 2016). "With Organic Cotton and Online Ads, Boll & Branch Helps Indian Farmers". The New York Times. ISSN   0362-4331 . Retrieved October 17, 2016.
  8. ↑ "N.J. organic bedding brands help here and abroad". NJ.com. Retrieved October 20, 2016.
  9. ↑ "Bedding startup Boll & Branch raises $100M". FocusTechnica. Retrieved October 1, 2019.
  10. ↑ "Why This Digital-First Bedding Start-Up Is Expanding to Brick-and-Mortar". Architectural Digest. Retrieved August 28, 2017.
  11. ↑ "Nordstrom Forges Partnership With Boll & Branch for Sustainable Bedding Collection". WWD.com. October 8, 2019. Archived from the original on October 8, 2019. Retrieved October 20, 2019.
  12. ↑ "Boll & Branch deploys sanitizing light technology". chainstoreage.com. October 27, 2020. Retrieved October 27, 2020.
  13. ↑ "These are the five hottest e-commerce companies today". Business Insider. Archived from the original on July 15, 2016. Retrieved October 20, 2016.
  14. ↑ File, Forbes Style. "Designer Spotlight: Boll & Branch First To Revolutionize Ethics In Luxury Bedding Industry". Forbes. Retrieved October 17, 2016.
  15. ↑ Branch, Boll. "Boll & Branch Unveils New Line of 100% Organic Baby Products". www.prnewswire.com (Press release). Retrieved October 17, 2016.
  16. ↑ "Boll & Branch adds flannel to assortment | Home Textiles Today". www.homeandtextilestoday.com. October 11, 2016. Retrieved October 20, 2016.
  17. ↑ "This company went through over 100 pillow prototypes before it landed on the perfect design for every type of sleeper". Business Insider. Retrieved July 23, 2018.
  18. ↑ "Boll & Branch is saying memory foam mattresses are of the past". Yahoo! Finance.
  19. ↑ "Meet the $50 million bedding startup that wants to raise as little venture capital as possible". www.recode.net. October 3, 2017. Retrieved October 3, 2017.
  20. ↑ "L Catterton Invests $100 Million in Bedding Company Boll & Branch". www.wsj.com. September 26, 2019. Retrieved October 1, 2019.
  21. ↑ "Boll & Branch opens first standalone Texas location in Houston's Highland Village". bizjournals.com. August 11, 2023. Retrieved December 1, 2023.
  22. ↑ "Boll & Branch is the latest DTC brand to double down on in-person retail". businessofhome.com. July 13, 2023. Retrieved December 1, 2023.
  23. ↑ "Having achieved profitability, Boll & Branch plots retail expansion". modernretail.co. November 21, 2023. Retrieved December 1, 2023.
  24. ↑ "Boll & Branch Doesn't Just Sell Sheets. They'll Make Your Bed". Forbes.com. October 6, 2023. Retrieved December 1, 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.