Forty winks -- at $1,000 each?

Luxury mattresses are becoming more popular, even as the economy teeters.

By Kim Peterson Jun 18, 2010 2:34PM
Credit: (© Neil Snape/Getty Images)
Caption: Woman sleepingFirst we have high-end lawn mowers coming into fashion, and now luxury mattresses? Was the recession just a bad dream?

Sealy (ZZ) is making more mattresses for the luxury crowd, and just debuted the black-and-gold Golden Elegance king model for $4,999, The Wall Street Journal reports.

But that's nothing compared to the $44,000 "Sublime" mattress coming out later this year from California-based E.S. Kluft. It will likely become the most expensive American-made mattress, joining the ranks of other mattresses made with cashmere, mohair, silk and crimped wool, writes Anjali Athavaley.

Most of us have felt the damage a bad mattress does to your body. So does a mattress that costs more than your car help you sleep like a baby? Medical experts tell the Journal no, bed surface doesn't really affect your sleep.

But people who plunk down thousands for a mattress will surely say otherwise. "It's like you're floating on air," one $28,000 mattress owner tells the Journal.

If I spent that much money on a mattress, I would definitely lose a few nights of sleep.

Sealy shares, by the way, have been in a slump since popping over the $4 mark in April. This week, they've been trading at about $3.

3Comments
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

123
123 rated 1
262
262 rated 2
480
480 rated 3
651
651 rated 4
649
649 rated 5
629
629 rated 6
616
616 rated 7
496
496 rated 8
346
346 rated 9
111
111 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
EXCEXELON CORPORATION9
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.