MadaLuxe plans to expand Dux's 15 US stores
According to WWD, MadaLuxe Group has acquired exclusive distribution rights for Swedish luxury bed brand Dux in North America. MadaLuxe plans to expand the brand's 15-store network in the US.
According to WWD, MadaLuxe Group has acquired exclusive distribution rights for Dux, the Swedish luxury bed, mattress and furniture brand, in North America. The financial terms of the agreement were not disclosed.
MadaLuxe plans to expand Dux's store network in the US. The brand currently has only 15 stores in the country. The company also aims to extend its expansion plan to Canada and Mexico.
Founded in Sweden, Dux is a family business celebrating its 100th anniversary this year. The brand's beds are priced between $5,999 and $55,000 and come with a 20-year warranty.
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