Yogibo

Last updated
Yogibo LLC.
Type Private
Industry Home furnishings and lifestyle
Founded2009;14 years ago (2009) in Nashua, New Hampshire United States
Founder Eyal Levy
Headquarters
Nashua, New Hampshire
,
United States
Number of locations
130 stores (2022)
Area served
Worldwide
Website yogibo.jp Japan yogibo.com USA

Yogibo is a lifestyle furniture retailer, specializing in bean bag chairs and accessories. It also sells dog beds and Jogoball, an audio gaming console.

Contents

An Yogibo Old Logo of 2009-10 Yogibo 2009 - 2010 Logo.jpg
An Yogibo Old Logo of 2009-10

As of March 2019, Yogibo has over US$60 million in retail sales and over 130 retail outlets worldwide. [1]

History

An Yogibo Old Logo from 2010s Yogibo 2010s Logo.png
An Yogibo Old Logo from 2010s

Yogibo was created in early 2000s by Eyal Levy, when his wife was trying to find a way to make her pregnancy comfortable. In 2009, the company started operating in Nashua, New Hampshire and opened its first store in Natick, Massachusetts in 2010. The company has retail stores in the United States and has expanded in Canada, Japan, South Korea, Taiwan, Thailand and more through distribution in those countries. [2] [1] [3] [4] Yogibo's manufacturing facility is located in Nashua, New Hampshire. [5]

An Yogibo Store in South Korea YogiboKoreaStore.png
An Yogibo Store in South Korea

Yogibo was the first certified sensory-inclusive retail chain in collaboration with KultureCity, a company which certifies and provides training to organizations. The two companies have collaboratively built sensory rooms in NBA, NFL, and MLB arenas in the country. [6]

In 2016, Yogibo held the Guinness world record for the world's largest bean bag chair. [7] In the same year, Yogibo established a subsidiary in Korea, Yogibo Korea, Inc. David Park of the co-founding company is a close friend of Levy. The name "Yogibo" is pronounced the same as "여기보" in Korean. Its meaning is 'Look Here'. "We think it'll be a great fit" Levy said at time. [8]

An Yogibo Store in Conquitlam, Canada Yogibo Canada in Coquitlam Centre (23783073753).jpg
An Yogibo Store in Conquitlam, Canada

In 2019, Yogibo partnered with Lucasfilm and Disney to introduce a Star Wars furniture collection. [9] [10] In November 2020, the company introduced Jogoball, a screen-less interactive game ball. It uses a six-axis motion detection technology and smart audio technology that pairs with a mobile application. [11] [12]

On December 30, 2021, Yogibo LLC was acquired by its Japanese distributor, Webshark. [13] On August 1, 2022, Webshark changed its name to Yogibo Inc. [14]

Reception

Reception to the company's bean bag chairs has been mostly positive. According to The Gadgeteer, the Yogi Max bean bag offered by Yogibo is flexible, allowing the user to "contort the bean bag into all sorts of shapes depending on how [they] want to relax in it." [15] As per The Parent Spot magazine, Yogibo uses foam pellets to fill their bags as opposed to ripped up foam material, leading to a more comfortable experience as the pellets mold around your body. [16]

An Yogibo Store in Nagoya Sakae Yogibo Store Nagoya Sakae - 2.jpg
An Yogibo Store in Nagoya Sakae

The company has also received praise for its sensory-inclusive design, with Autism Parenting magazine naming Yogibo bean bag chairs "a must have" for children with autism. [17]

The company's products turn into beds and sofas when used in large sizes. It is also popular with housewives because it is light in weight and easy to carry. [18]

Dispute

An Yogibo in Lalaport Kadoma Yogibo Lalaport Kadoma.jpg
An Yogibo in Lalaport Kadoma

A Kickstarter project for a product called the Moon Pod, started by John Fiorentino, was sent a cease-and-desist letter by Yogibo in November 2019 for using a similar design to Yogibo's patented bean bag chairs. Fiortentino states he never claimed "invention" of the design and that his company was working on a patent. [1]

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References

  1. 1 2 3 Buchanan, Leigh (22 March 2019). "Yogibo Founder Says Moon Pod's $1.3 Million Kickstarter Project Ripped Off Its Idea". Inc.com .
  2. ↑ Genovese, Daniella (13 July 2020). "What is Yogibo?". FOX Business .
  3. ↑ Staff (November 29, 2016). "Retailer Yogibo Celebrates Its Arrival in South Korea". PR Web .
  4. ↑ Stories, Local (June 5, 2017). "Meet Eyal Levy of Yogibo". Boston Voyager.
  5. ↑ Staff (August 26, 2012). "Yogibo, a startup that sells beanbag furniture, takes the hands-on route". Nashua Telegraph .
  6. ↑ Wilson, Marianne (December 13, 2019). "Modular furniture retailer Yogibo makes history". Chain Store Age.
  7. ↑ Records, Guinness World (15 November 2016). Guinness World Records 2017. p. 98. ISBN   978-1-910561-66-9.
  8. ↑ "Yogibo bean bags to launch in Korea". Inside Retail . 11 December 2016.
  9. ↑ Houghton, Kimberly (November 1, 2019). "New Star Wars collection released by Nashua's Yogibo". Union Leader .
  10. ↑ Damewood, Cassie (November 15, 2019). "Yogibo's New Star Wars-Inspired Furniture Collection Puts Comfort First". Yahoo! News.
  11. ↑ Solorzano, Sergio (11 November 2020). "Yogibo, Yes The Bean Bag Company, Has A Gaming Console". The Gamer .
  12. ↑ "Yogibo Introduces a New Spin on Family Game Night". Press Release. November 6, 2020.
  13. ↑ 米国「Yogibo」本体、Yogibo LLC 社の買収について - 株式会社Yogibo
  14. ↑ 【株式会社Yogibo】へ社名変更のお知らせ - 株式会社Yogibo
  15. ↑ Strietelmeier, Julie (July 8, 2013). "Yogibo Yogi Max Bean Bag Chair review". The Gadgeteer.
  16. ↑ Charles (9 December 2015). "Yogibo Max Review - Comfort in a Giant BeanBag You'll Love". The Parent Spot.
  17. ↑ Tobik, Amy (9 July 2014). "Review: Yogibo – Using Bean Bags for Sensory Soothing". Autism Parenting Magazine.
  18. ↑ oimo (9 May 2022). "Yogibo Midi Functional Review". bead sofa.
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