Sleepyhead buys into Pacific Brands
Sleepyhead will buy two Pacific Brands businesses - Sleepmaker and Dunlop Foams - for gross proceeds of $55 million and Pacific Brands will acquire Sleepyhead's Australian carpet underlay business - Wonderlay - for ''a nominal amount''.
Hilo Hattie, one of Hawaii's largest local retailers, announced Friday the sale of the company to a California based company.