Sactionals consist of two combinable pieces, “Seats” and “Sides,” as well as custom-fit covers and associated accessories.
Lovesac was created in 1995 by Shawn D. Nelson, who formerly hand-made the chairs and delivered them to other students at the University of Utah.
[4] The company relocated from Salt Lake City to Stamford, Connecticut in 2006, as it raised private-equity capital in the area.
Lovesac joined the Nasdaq stock exchange on Wednesday, June 27, 2018, trading under the symbol LOVE.
[7] According to founder Shawn David Nelson, Lovesac planned to move 75% of its production out of China by 2020, due to trade war tariffs.