The decline in the bedding market has led to financial difficulties for a mattress and box spring manufacturer based in Neuville-sur-Sarthe, near Le Mans. The company has been placed in receivership, along with its sister company, which operates a network of 70 stores across France.
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The GFL mattress and box spring factory employs around 20 people, while the retail network has a total of 130 employees. The business has been operating in the bedding industry for 80 years but has struggled due to weakening demand in the sector.
Source: www.lesechos.fr