Flooring conglomerate Karndean has acquired Dutch Luxury vinyl tile (LVT) contemporary mFLOR International in a deal that bolsters its presence in mainland Europe.

Staffordshire floorcoverings group Brookvale grew profits last year as revenue climbed by nearly a third across its regional distribution network.

The three largest regional distributors of a Staffordshire based floorcoverings and flooring supplies wholesale group operating across England, Scotland and Wales all delivered big growth last year.

Britain's biggest floorcoverings retailer has been told to amend its marketing claims by the advertising watchdog after a complaint by its largest rival in the sector.

Calverts Carpets booked record profits for the second straight year after the regional floorcoverings retailer achieved its highest sales in over a decade.

Privately-owned regional floorcoverings retailer Floorstore expanded its West Yorkshire store footprint late last year after agreeing a new debt funding package.

Former DFS chief marketing and commercial officer Toni Wood has taken another C-suite role in the U.K. furnishings sector after joining Headlam Group as chief customer officer.

U.K. importers bought 13.1 million square metres (sqm) of carpet into the country in November as volumes declined for the fourth month in a row.

Likewise Group will add further infrastructure in the first half of this year with new distribution facilities in the South East of England and Scotland.

Employee-and-investor-owned retail chain Tapi Carpets & Floors has welcomed in the new year with a flurry of new store openings.

Flooring group Headlam has acquired one of the largest independent players in the U.K. rugs market in a deal that bolsters its offer to the ecommerce sector.

Mears Flooring, one of the best-run privately-owned companies in the floorcoverings sector, maintained its double-digit net margin amid profitable growth last year.

A digital challenger bank and the taxman have been left nursing significant debts following the insolvency of a rugs wholesaler based in the South East of England.

A leading rug and mat manufacturer and distributor that has historically sold through retailers such as John Lewis and Dunelm invested and maintained high profits last year on underlying growth.

The combined book value of rug wholesaler Asiatic Carpets and its co-owned property companies climbed by almost £10 million last year as profits increased and real estate was revalued upwards.

Upholstered furniture and floorcoverings retailer ScS has expanded its store footprint in the north of England with the opening of a ninth store in Yorkshire.

A multi-site flooring retail and wholesale operation with warehouses across Scotland says rising costs have left it grappling with more challenging trading conditions.

Esselle Retail, a distributor of flooring textiles based in the North West, has acquired Arthouse, the private equity backed supplier of wallcoverings and home décor.

A four-fold rise in profits and higher sales helped bolster the finances of the group behind the Brockway Carpets and Grosvenor Wilton brands, accounts public Friday morning revealed.

The value of carpet imported into the U.K. climbed for the second straight month in October but volumes continued to slide.

Mohawk Industries, the world's largest flooring company, found top and bottom line growth at its largest U.K. business unit last year as it integrated the buyout of a Cambridgeshire wholesaler.

Chris Muir, chief financial officer at ScS for the past six years, is to leave the sofa and carpets retailer, sparking a search for a successor.

Victoria's takeover of parts of Belgium's Balta group was well publicised but the flooring conglomerate has since completed the buyout of another nearby business, it disclosed Tuesday morning.

Flooring conglomerate Victoria posted a stronger top and bottom line in the six months to October 1, 2022 but saw cash levels decline as a result of debt pay-down, acquisitions, capex and an operating cash outflow.

Major flooring producer Ulster Carpets says it will sacrifice short-term profits as it builds capacity with heavy investment at its factories across the U.K.

Upholstery and flooring chain ScS says it is trading resiliently through a challenging period with order intake growth having returned through the autumn.

The cost of living crisis is suppressing demand for floorcoverings among U.K. consumers according to wholesale giant Headlam, but it said gains elsewhere would aid profits.

North West flooring manufacturer Bronte Carpets has decided to wind down operations, calling time on 40 years in business amid challenging trading conditions.

Flooring wholesale group Headlam has recruited from outside the home sector for its new chief financial officer, bringing an eight-month recruitment process to a close.

The value of carpet imports into the U.K. rose for the first time in four months in September as higher prices countered a continuing slide in volumes.

A strong dollar and tough trading in Europe impacted flooring conglomerate Mohawk Industries in the third quarter, with customers putting off non-essential spend and price rises struggling to keep pace with inflation.

Likewise Group said the war in Ukraine, political instability in the U.K. and a particular hot summer will result in profit being below expectations when it reports full year numbers for 2022.

Flooring supplier Victoria has acquired International Wholesale Tile (IWT), a Florida based tile, natural stone and LVT distributor, in a deal worth $28.5 million (£24.9m).

The founder of DFS and an investment vehicle controlled by the deputy chairman of Dunelm remain among the largest shareholders in fast-growing and now-profitable flooring retailer Tapi Carpets & Floors.

The value of carpet imports into the U.K. declined to its lowest level since December 2021 after volumes fell by almost a fifth in the latest chronicled month, according to new figures.

A longtime investor in diversified flooring manufacturer and distributor Victoria now owns more than a fifth of the company after it upped its stake in the business on Wednesday.

Headlam Group, the U.K.'s largest floorcoverings wholesaler, has bolstered its leadership team with two new independent non-executive board hires.

A floorcoverings company that used to work with one-time major home furnishings independent Alan Ward is expanding with the launch of a second retail and trade showroom.

Fast-growing flooring chain Tapi Carpets & Floors will keep its foot on the accelerator pedal with new stores opening through 2022.

National retailer Tapi Carpets & Floors has booked inaugural profits on the back of wider margins and top line growth, with it targeting further gains this year despite the weakening market.

National floorcoverings distributor Carpet & Flooring, which operates a dozen depots across the country, has rebranded the business to give itself a more distinct and targeted name.

The owner of one of the U.K.'s most prominent rugs businesses has agreed a deal with restructuring advisors to acquire rival rug brand Woven after the company behind the etailer was placed into administration earlier this week.

The group behind the contract floorcoverings brands Heckmondwike Carpets and Paragon Carpet Tiles bolstered its balance sheet after a year in which profits climbed on wider margins and higher sales.

U.K. arm of Scandinavian hardwood floorcoverings manufacturer expects low growth amid uncertainty from the global recovery from the pandemic.

Five-store specialist retailer operates carpet and bed shops across Dorset and Hampshire.

High U.K. demand post lockdown super-charged a return to profit for luxury vinyl tile (LVT) supplier Amtico as the Coventry company closed in on a decade under the ownership of U.S. flooring giant Mannington Mills.

Likewise Group, the challenger flooring distributor that has been buying up companies and building infrastructure to take on larger rivals, says demand has continued to be strong through late summer and into the autumn.

Upholstery and flooring retailer ScS has named John Walden as the successor to non-executive chair Alan Smith, who will retire in just over a year from now.

Privately-owned South East England floorcoverings wholesaler STS booked higher profits last year on wider gross margin and rising sales.

Balta Group will soon be no more. The Belgian flooring conglomerate is changing its corporate name to Belysse Group with the switch to be approved at an Extraordinary General Meeting next month.

The value of carpet and smooth floorcoverings manufacturer and distributor Victoria has moved erratically in the past few days, rising by more than £100 million before a steep decline.

The quantity of carpets imported into the U.K. fell for a sixth straight month in July as strong data from the Netherlands was outweighed by weaker figures from Belgium and Turkey.

Headlam Group's search for a new chief financial officer has entered its seventh month after a prime candidate for the position decided at the last-minute to withdraw.

An insurance claim and wider gross margin helped profits climb at flooring wholesale group Headlam in the first half of the year despite an already-signposted decline in revenue.

Higher prices helped Belgian carpet maker Associated Weavers (AW) achieve double-digit sales growth in the U.K. last year, though it sold fewer square metres of product in the process.

Narrower gross margin contributed to profits falling at the Karndean flooring group last year despite revenue jumping by the equivalent of about £74 million.

Airea, the parent company to contract floorcoverings brand Burmatex, has hired experienced home goods retail official Mederic Payne as its chief executive officer.

Volumes climbed sharply among tufted carpet manufacturers last year while production of woven carpets was flat despite lapping restrictions from the previous year.

Upholstered furniture and floorcoverings retailer ScS has relaunched its Gateshead store in the North East as part of a plan to roll out new concept showrooms with a series of technological and visual enhancements.

Upholstery and carpets retailer ScS has bolstered its operating board with the appointment of an experienced retail executive as its first ever chief marketing and digital officer.

The quantity of carpets imported into the U.K. fell for the fifth month in a row in June with high product price inflation not enough to send the total value above the same period last year.

Listed flooring group Victoria has spent more in share buybacks in the past week than in the entirety of last year as it seeks to take advantage of a perceived undervaluation in its share price.

The invasion of Ukraine by Russia has had a profound impact on the supply of engineered wood flooring according to a major U.K. supplier with worldwide sales north of £53 million.

Floorcoverings supplier Designer Contracts has opened a new facility in Berkshire that becomes its regional headquarters for the Western Counties area.

Major upholstery chain ScS says it still has an elevated order book compared with historic norms with the unwind of existing bookings to help it record profits ahead of market expectations.

The company behind smooth floorcoverings ecommerce brand Luxury Flooring & Furnishings has agreed a multi-year delivery contract with XPO Logistics.

Carpet yarn spinner Lawton Yarns agreed a six-figure settlement to end a legal claim with its former owner Danspin in a deal cut ahead of its subsequent management buyout earlier this year.

Headlam, Britain's largest flooring wholesale group, has built up stock levels ahead of what it hopes will be busier trading months to come. It follows a revenue decline in the first half.

Plans to demolish the building housing the one-time Tapi Carpets & Floors store in central London will lead to the creation of a smart new retail store with consents for both furniture and floorcoverings trade.

Steve Depport, head of the Metro Group, has been appointed a non-executive director at The Carpet Foundation, the industry group that promotes the use of carpet and those that sell it.

ScS has promoted flooring director Dean Weston to a new and more all-encompassing retail role as part of a number of changes to the management team that also sees a new brief for trading director James Heese.

Carpet import volumes declined for a third straight month in May on the back of weaker trade with Belgium, historically the U.K.'s largest trading partner.

Upholstery and flooring retailer ScS has opened a new concept store featuring a series of technological enhancements, a first public airing for a new product tie-up with the U.K.'s largest home interest magazine, and a wider home offer.

The franchise group behind the United Carpets & Beds retail format returned to profit in 2020/21 in its first results since it left the stock market. It was helped by robust post lockdown demand, wider margins and reduced bad debt.

Still-expanding floorcoverings retailer Tapi Carpets & Floors is opening its eighth store this year with a former bed shop unit that takes its total across Great Britain to 170.

Construction is underway at distribution centres in Scotland and the Midlands as national flooring wholesaler Likewise Group looks to double its logistics capacity this year.

Wood flooring specialist Havwoods will open its second store this year and its fifth overall as it continues expanding its retail footprint in wealthy parts of the country.

National floorcoverings distributor Carpet & Flooring has appointed a new md with a raft of home improvement industry experience following the planned departure of longtime leader Lisa Tomlin.

The group behind regional carpets chain Wilsons and national ecommerce flooring brands such as Online Carpets landed bumper profits in the first figures since it reorganised under a single entity.

A seven-figure reorganisation saw Ireland, Northern Ireland and Scotland wholesaler Flanagan Flooring bring a property investment joint venture under its control last year.

Britain's biggest carpet maker held almost four times the value of raw materials at the year end as it invested heavily to enable it to meet surging demand for its products and deliver its highest ever profits.

Britain's biggest flooring wholesaler will enable independent retailers and one-man-and-a-van installers to hit sub-£15sqm price points after launching a new brand with a supporting micro-site.

Directors at carpet yarn spinner Lawton Yarns have completed a management buyout (MBO) of the company, ending the two year stint under the ownership of London private equity group Breal Capital.

Revenue jumped to nearly £90 million and losses were reversed for the U.K.'s self-described largest independent floorcoverings distributor last year.

Upholstery and flooring retailer ScS says Andy Kemp will join its board as non-executive director next year ahead of the planned departure of one of its existing officers.

The value of carpets imports dropped by almost a fifth at the start of the second quarter while volumes were down at nearly twice that rate on a year-on-year basis.

Floorcoverings suppliers and their customers must work in unison amid rising prices and an expected fall in demand, according to a worldwide collective representing companies in the sector.

Floorcoverings conglomerate Mohawk Industries has agreed to buy the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) in an all-cash deal worth about $293 million (£235m).

Mike Scott will retire as chief financial officer at diversified flooring conglomerate Victoria later this year after six years in the role. His replacement joins from outside the industry.

Historic manufacturer Ulster Carpets has become one of just four carpet makers and six flooring companies to have been granted a Royal Warrant by The Queen.

Buy-and-build flooring group Likewise says it has established a trade brand in most geographical areas of the U.K. as new results confirm its annual revenue run-rate has breached nine-figures for the first time.

Cost cutting and a five percentage point improvement in gross margin lifts Wiltshire carpet group back into profit after a circa £300,000 bottom line turnaround.

The U.K.'s largest flooring wholesale group believes ecommerce and a growing cohort of multiple retail customers can help it counter a weaker market this year.

Circa £16 million turnover Midlands 3PL and group logistics provider targets early next year to be fully operational.

The value of carpet imports advanced in high single digit percentages in March, masking a fall in the quantity of goods arriving at U.K. borders. Turkey proved the exception, delivering an increase on both counts.

The carpet and rugs business bought by Victoria in a carve-out of Balta Group's operations booked thinner margins in the first quarter as higher costs countered the impact of rising sales.

Decision, widely anticipated, follows divestment of certain I.P. and other soft flooring divisions.

National retailer ScS has hired a former Allied Carpets, MFI and Habitat executive to the newly created role of flooring director as it looks to bolster its proposition in the category, The Furnishing Report can reveal.

The investment conglomerate that bought British furniture wholesaler Julian Bowen last year has strengthened its home interest portfolio with the acquisition of a compatriot floorcoverings company.

One of the U.K.'s largest privately-owned retailers of furniture and flooring sold on a weekly instalment basis has expanded its sofa manufacturing facility.

Mohawk Industries, the world's largest floorcoverings company and a major supplier to the U.K. market, says it anticipated supply chain challenges resulting from the Russian invasion of Ukraine ahead of time to eliminate production downtime.

Nestware Holdings, parent to retailers Carpetright, Flooring Supplies and Flooring Megastore along with wholesaler Carpet & Flooring, has appointed the former strategy chief at Sainsbury's as its new chief executive.

Major U.K. carpet maker Cormar has welcomed its new managing director into the business, bringing with him a deep knowledge of British and international textile manufacturing.

High-end tiles, wood flooring, bathroom and decorating retailer Fired Earth ended 2021 in stronger shape after its CVA enabled it to almost cut its showroom network in half.

Flooring group Victoria says its ability to deliver while others couldn't because they were short of stock enhanced its reputation and has led to market share gains over the past year.

U.K. carpet imports climbed double-digit in February despite flat trade with Belgium, historically the largest trading partner for British buyers.

Sales jumped by almost half for major rug distributor Flair Flooring last year to help counter the impact of rising costs and inflationary pressures.

Likewise Group has agreed to buy West Yorkshire flooring distributor Delta Carpets from its private shareholders in a cash and shares deal worth £3 million.

Fast-growing U.K. floorcoverings distributor Likewise Group has moved to incentivise key officials across the business with the granting of new share options.

Northwest flooring manufacturer Penthouse Carpets said it achieved a "remarkable performance" in 2020/21 despite a challenging second half to its financial year beset by issues outside its control.

Supply chain challenges in the six months to end January hit ScS' profits but the sofas and carpets retailer hopes to claw that back in the second half as it unwinds its big order book.

Brintons is facing a potentially expensive demand from a former landlord but the international carpet maker is not unduly concerned about its financial impact.

Premium wood flooring and wall cladding company Havwoods has opened the first of what it hopes will be a slew of new retail showrooms planned for 2022.

Revenue declined at carpet maker Brintons last year but EBITDA and its net margin improved and the international manufacturer said business momentum is accelerating.

January carpet imports into the U.K. jumped almost a third at the beginning of the year on the back of strong figures from the Netherlands, Belgium and India.

Flooring supplier Headlam Group says it has historically under-indexed in sales to the multiple retail sector, and plans to address that by building a bigger business with larger chains.

Headlam Group, the flooring wholesaler with 66 business units across the U.K. and mainland Europe, swung back to profit last year on higher revenue and a big swing in gross margin.

The U.K.'s largest floorcoverings wholesale group has named Chris Payne as chief executive officer with immediate effect, ending a six month hunt for a successor to Steve Wilson. It has also announced a new chairman.

The Carpet Foundation will launch a national consumer advertising campaign on Monday March 7 with 1.5 million advertisements to appear across a 10-week period spread through the year.

One of the U.K.'s largest suppliers to the floorcoverings sector has written to customers outlining planned price increases across more than a dozen items ranging from underlays to adhesives.

Flooring suppliers have rejected an early autumn Domotex exhibition in Germany in favour of the event returning next January in its traditional dateline.

European carpet, rugs and smooth floorcoverings manufacturer Balta booked higher profits in 2021, a year that saw it decide to sell more than half of its business.

A circa £8 million carpet producer is to make a seven-figure manufacturing investment upgrading plant and machinery.

Former Adam Carpets and Bond Worth director Eamonn Prescott has been named the next chief executive at Greendale Carpets & Flooring, the buying group.

The giants of mainland European floorcoverings production endured a fourth straight decline in UK. carpet exports to finish 2021 on a sour note.

Tiles, wood flooring, bathroom and decorating retailer Fired Earth has exited a company voluntary arrangement (CVA) process after its new owner made a one-off contribution in full and final settlement of its obligations.

Funds managed out of Alabama in the U.S. now own more than 10 percent of flooring supplier Victoria after doubling the size of their investment this week.

The company behind emerging floorcoverings brand Flooring Superstore enjoyed rapid sales growth last year as it invested the best part of £6 million expanding its retail footprint nationwide.

A lower cost base helped profits rise for independent flooring retailer Calverts Carpets in 2020/21 despite store closures impacting sales.

Upholstery and carpets retailer ScS said it has traded well through the important winter sale period and is working with its supply chain to mitigate challenges that have pushed out lead times.

A rug and mat supplier which has historically listed retailers including Dunelm and John Lewis among its stockist base landed a net margin north of 20 percent as it traded strongly through the first year of the pandemic.

Yorkshire based ceramic, stone and timber flooring supplier Verona Group is now wholly-owned by the same investment company as retail chain Tile Giant after Travis Perkins disposed of its shares.

Flooring conglomerate Headlam Group says it is close to naming a new chief executive, ending a four-month hunt for a successor to Steve Wilson.

Emerging floorcoverings retailer Flooring Superstore plans to grow its store footprint faster this year having opened 17 showrooms through 2021.

U.K. flooring contractor Designer Contracts has taken on a new cohort of apprentice fitters as part of a continuing plan to directly employ more fitters amid industry-wide shortages.

The total value of carpets imported into the U.K. fell for a third month in a row in November according to new HM Revenue & Customs data.

Fast expanding floorcoverings distributor Likewise Group has completed its previously signposted takeover of Valley Wholesale Carpets and installed a longtime industry executive to run the business.

A corporate reorganisation encompassing Karndean's global interests has revealed the floorcoverings supplier to be far larger than previous disclosures had indicated, and value the group north of £400 million.

Designer Contracts, the national floorcoverings contractor that majors in supply to the housebuilder market, has invested £500,000 to support its strategy of holding more stock.

North West retailer and contractor Mears Flooring maintained a double-digit net margin in 2020/21 despite the first lockdown clipping both its top and bottom lines.

A distributor of underlay and other carpet and flooring accessories has suffered a serious fire at its premises in Tiverton, Devon.

Sales climbed by more than a fifth for London based rug distributor and wholesaler Asiatic Carpets last year as it benefited from higher home spend among consumers.

ScS, the national upholstery and flooring retailer, has relocated its Doncaster store to a different retail park in the South Yorkshire town.

Tapi Carpets & Floors booked the smallest full year loss in its short history last year and by some earnings measures was profitable for the first time as higher sales and lower costs boosted the challenger flooring retailer.

Kidderminster carpet maker Brockway swung back to profit as lower costs outweighed the impact of a decline in turnover ahead of a new managing director joining in the autumn.

The U.K.'s largest hardwood furniture retailer Oak Furnitureland will diversify its product offer with the launch of a new programme of bespoke floorcoverings across four new-format stores from Boxing Day.

A franchisee behind a number of prominent flooring stores in the North East booked large seven-figure profits in 2020/21 despite Covid restrictions inhibiting its ability to trade.

The price of raw materials and inputs used in the production of furniture rose to another record level in November according to new figures from the Office for National Statistics (ONS).

Challenger flooring wholesale group Likewise is to make its biggest acquisition yet after lining up a deal for one of the U.K.'s largest family-owned flooring companies.

Town planners have approved proposals for a new warehouse for Alliance Flooring Distribution, a division of international floorcoverings conglomerate Victoria.



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