Posh+Lavish, founded in 2015 as a luxury mattress brand, is investing in growth for 2024 by building on its rapid growth in 2023. For 2024, the company announces a strategic relationship with UncleMuenkel LLC, a consulting and training company founded by Bob Muenkel, a 36-year industry veteran known for his deep roots in mattress retailing, training and consumer-journey insights.
“We are thrilled with our growing relationship with Bob, who has demonstrated deep roots throughout our industry within the wholesale and retail channels,” says Posh+Lavish co-founder Steve Baumberger. “Leveraging Bob’s connections, experience and strengths will help us achieve our growth plans for 2024 and beyond.”
Muenkel adds, “I am honored and excited to partner with Posh+Lavish in implementing growth strategies and develop merchandising options to help scale the business with key retail partners and regional sales professionals. Posh+Lavish has proven to be a ‘golden goose’ on the retail floor, a gift that keeps giving and giving. More retailers will have these opportunities going forward as we expand our capabilities.”
Posh+Lavish reported a strong year in 2023, focused on delivering unique, luxury mattresses through an expanding base of retailer-only partnerships.
Baumberger explains, “Our hyper-focus on retailer business needs, including unique products, high retail tickets, above-average margins and Split Head capabilities, helped to differentiate our retail partners in their markets. Posh+Lavish is planning on significant growth in 2024 with their unique offerings using the finest, most luxurious components that offer exceptional performance and exquisite comfort and expanding their retailer base.”