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- FLOORCOVERINGS
Headlam has closed more than a third of its trade counter network and made 154 employees redundant as administrators begin implementing a restructuring of the floorcoverings distributor.
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- FLOORCOVERINGS
Headlam Group plans to trade through administration and pursue a CVA and refinancing as part of a restructuring designed to secure the future of the floorcoverings distributor.
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- FLOORCOVERINGS
Belysse Group saw the decline in its European business accelerate in the first half of 2026, with lower demand compounded by temporary challenges linked to the implementation of a new IT system.
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Victoria says it will assess opportunities arising from the prospective administration of Headlam Group, as the flooring manufacturer and distributor reported an encouraging start to its financial year.
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- FLOORCOVERINGS
Large project wins in the US helped Havwoods lift annual sales and profits as the hardwood flooring supplier expanded its business development team.
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Headlam Group is set to appoint administrators after exhausting the liquidity available under its existing borrowing facility, with the floorcoverings distributor saying administration is now its only viable option.
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- FLOORCOVERINGS
Headlam Group has completed the sale of its Netherlands businesses, almost a year after announcing plans to exit Continental Europe as part of its restructuring.
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- FLOORCOVERINGS
A third straight rise in carpet imports negated a third consecutive fall in vinyl shipments as overall floorcoverings trade returned to growth in June.
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- FLOORCOVERINGS
Likewise Group has exchanged contracts to acquire a new distribution hub in Corby, advancing a major expansion of its national logistics network.
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- FLOORCOVERINGS
The owner of Flooring Superstore slipped back into loss last year as investment in a new warehouse, store openings and website improvements weighed on earnings ahead of its recently-completed recapitalisation.
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- FLOORCOVERINGS
Flooring businesses that invest in circular product design, recycling and waste reduction stand to strengthen their competitive position as changes to the UK Emissions Trading Scheme (UK ETS) increasingly reward products with lower end-of-life carbon impacts, according to the UK Sustainable Flooring Alliance (UKSFA).
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- FLOORCOVERINGS
Likewise has doubled the size of its retail share offer after strong demand from existing shareholders added to last week's oversubscribed institutional fundraising.
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- FLOORCOVERINGS
World flooring giant Mohawk Industries said it gained market share and exceeded expectations in the second quarter despite continued weakness in residential demand, as new product launches, pricing and operational improvements helped offset a subdued global flooring market.
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- FLOORCOVERINGS
Headlam Group has abandoned plans to sell and lease back its Coleshill headquarters after deciding the property should remain one of its key freehold assets, as the flooring distributor continues efforts to shore up its balance sheet through a wider strategic review.
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- FLOORCOVERINGS
Likewise Group has secured commitments to raise up to £30.5 million after institutional demand exceeded expectations, providing the flooring distributor with fresh capital to fund its latest logistics expansion and future acquisitions.
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- FLOORCOVERINGS
Forbo's Flooring Systems division returned to sales growth in local currencies during the first half, but higher raw material, energy and transport costs continued to squeeze margins as weak European construction markets weighed on performance.
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- FLOORCOVERINGS
The closure of CRT Flooring Specialists has left creditors facing losses of almost £1.4 million, with new insolvency documents revealing the scale of debts that built up less than a year after the contract flooring business was acquired by an external investment company.
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- FLOORCOVERINGS
Retail sales volumes in the floorcoverings sector climbed for the first time in 12 months in June, according to new official figures.
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- FLOORCOVERINGS
Victoria said early trading in its new financial year has improved after four years of weak flooring markets, as the group pointed to market share gains in UK carpets and underlay and reiterated that its recently announced refinancing has given it the runway to complete an operational turnaround.
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- FLOORCOVERINGS
The group behind the Burmatex brand said it expects strong trading momentum to continue through the second half after completing a major investment in its manufacturing operations, as the commercial flooring group reported accelerating first-half sales and higher operating profit.
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- FLOORCOVERINGS
Headlam Group's activist shareholder is said to have sold its remaining stake in the flooring distributor, bringing to an end a campaign that sought to overhaul the company's board amid concerns over its performance.
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- FLOORCOVERINGS
Victoria has taken a significant step towards completing its refinancing after securing support from holders of more than 75 percent of its outstanding €166.6 million senior secured notes due in 2028, clearing the threshold needed to implement the transaction through a scheme of arrangement.
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- FLOORCOVERINGS
Lower vinyl shipments from China negatively impacted flooring imports in May as the total across all sub-categories declined for the first time in three months.
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- FLOORCOVERINGS
Victoria has completed the €34.4 million sale and leaseback of its Belgian distribution centre as the flooring group continues a wider restructuring of its Balta Rugs business.
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- FLOORCOVERINGS
Headlam Group has launched a strategic review aimed at strengthening its balance sheet after reporting a sharp first-half sales decline and warning that operating losses have worsened amid weak market conditions and liquidity pressures.
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- FLOORCOVERINGS
Flooring importer and wholesaler V4 Woodflooring said it expects to return to growth despite a more challenging trading year in 2025, as it broadens its product offering and continues investing in the business.
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- FLOORCOVERINGS
Flooring distributor Volante and sister company John Palmer Carpets have expanded their commercial vehicle fleet through a long-term contract hire agreement with fleet management specialist Vertellus.
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- FLOORCOVERINGS
Victoria shares surged to their highest closing level since autumn 2025 after the flooring group unveiled a sweeping refinancing agreement that will reduce liabilities by more than £300 million, lower annual financing costs and remove the immediate risk of equity dilution.
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- FLOORCOVERINGS
Evolve Flooring has begun generating returns from its £4 million acquisition of Factory Direct Flooring, with the online flooring retailer paying its new owner a first dividend during the first accounting period following the takeover.
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- FLOORCOVERINGS
Cormar Carpets increased sales and net profit in 2025 as the Bury manufacturer stepped up investment in manufacturing and technology in a period that saw it make adjustments to year-earlier figures.
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- FLOORCOVERINGS
Headlam Group is to consolidate two North East distribution centres into a new regional hub as the flooring distributor continues a wider restructuring programme aimed at simplifying its operations and returning the business to profit.
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- FLOORCOVERINGS
Alternative Flooring has appointed Stephen Brooks as managing director while long-serving creative and marketing director Lorna Haigh is to move into a consultancy role after 25 years with the business.
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- FLOORCOVERINGS
Likewise Group said revenue growth has continued to accelerate ahead of the completion of a series of distribution and capacity investments designed to support its long-term expansion plans.
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- FLOORCOVERINGS
Belgium's dwindling carpet exports to the UK may have begun to find their new level after the total rose for the first time in almost two years in April.
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- FLOORCOVERINGS
Mohawk Industries has appointed Paul De Cock as chief executive officer, succeeding Jeffrey Lorberbaum, who will retire from the role on September 30 while remaining chairman of the board.
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- FLOORCOVERINGS
Likewise Group said sales growth accelerated in May as the flooring distributor continued to expand its logistics network and increase capacity ahead of a long-term target to exceed £250 million in annual revenue.
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- FLOORCOVERINGS
Headlam Group defeated all five resolutions proposed by activist shareholder First Seagull at a requisitioned general meeting on Tuesday, though almost 40 percent of votes cast supported the investor's attempt to reshape the flooring distributor's board.
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- FLOORCOVERINGS
Victoria has confirmed that Philippe Hamers will step down as group chief executive at the end of June, but will remain involved with the business as chairman of its UK flooring division, working alongside recently returned executive Steve Byrne.
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- FLOORCOVERINGS
Floorcoverings contractor CRT Flooring Specialists has ceased trading and been placed into administration, less than a year after its sale to an external investment company.
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- FLOORCOVERINGS
Flooring distributor Headlam said a shareholder meeting scheduled for Tuesday will go ahead despite activist investor First Seagull announcing it was withdrawing the requisition that triggered the vote.
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- FLOORCOVERINGS
A seven-figure share buyback at home accents distributor Rama Rugs has valued the business at over £4 million, but below its balance sheet value.
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- FLOORCOVERINGS
Headlam is evaluating a potential sale and leaseback of its Coleshill property as the flooring group seeks to bolster liquidity amid continued trading losses and an ongoing activist shareholder battle.
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- FLOORCOVERINGS
Vinyl flooring imports rose for the first time in eight months in March on the back of stronger trading with China, Germany and France. Carpet imports were down for a second month straight.
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- FLOORCOVERINGS
Flooring group Headlam has formally convened a general meeting requested by activist investor First Seagull where shareholders will vote on proposals to remove three directors and appoint two new board members.
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- FLOORCOVERINGS
The Global Flooring Alliance (GFA) has warned of a potential slowdown in flooring market revenues during the second half of 2026, citing pressure from inflation, interest rates, rising energy costs and geopolitical instability.
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- FLOORCOVERINGS
A New York-based investment firm has disclosed a significant minority shareholding in UK flooring conglomerate Victoria for the first time, according to a stock market filing on Friday.
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- FLOORCOVERINGS
Stéphan Colle, founder and chairman of the Belgotex Group and a major figure in the international flooring industry through businesses including Associated Weavers and Lano, has died aged 66.
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- FLOORCOVERINGS
A cohort of new exhibitors including Berry-Alloc, Bjelin UK and MeasureSquare are set to debut at the upcoming INDX National Flooring Show, as organisers expand the supplier line-up for the May event.
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- FLOORCOVERINGS
Headlam Group’s shareholder register shifted further days after an activist investor moved to requisition board changes, with filings showing both an increased holding by First Seagull and the emergence of a new significant investor.
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- FLOORCOVERINGS
Mohawk Industries has flagged Europe as the most exposed region to rising energy costs and weakening consumer confidence, as geopolitical tensions disrupt demand and pricing across its international markets.
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- FLOORCOVERINGS
Flooring distributor Likewise Group reported higher revenue and improved profitability for the year ended December 31, 2025, supported by margin gains and continued investment in its UK distribution network.
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- FLOORCOVERINGS
Headlam Group said it is reviewing a requisition from shareholder First Seagull seeking to remove its chair and two non-executive directors, as the flooring distributor’s board defended its strategy and recent changes.
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- FLOORCOVERINGS
First Seagull has requisitioned a shareholder meeting at Headlam Group seeking to remove the chair and two non-executive directors, escalating its intervention weeks after increasing its stake in the flooring distributor to just over 10 percent.
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- FLOORCOVERINGS
An industry-wide challenge from HMRC and a series of exceptional costs weighed on profitability for the diversified floorcoverings group that owns the brand of North East retail chain Frank's The Flooring Store last year, despite higher revenue.
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- FLOORCOVERINGS
Likewise Group has acquired the freehold of a second distribution hub in Leeds for £3.0 million, as the flooring distributor expands its logistics capacity and supply chain infrastructure.
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- FLOORCOVERINGS
The commercial arm of Mohawk Industries has acquired Hero Flooring, bringing the Hero Rubber range made with Nike Grind into its resilient flooring offer.
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- FLOORCOVERINGS
Two County Antrim directors of a flooring contractor have been disqualified for 12 years following findings of unfit conduct linked to a bounce back loan and withdrawals from company funds.
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- FLOORCOVERINGS
Flooring imports declined in February as all of the carpet, parquet and vinyl categories posted weaker year-on-year figures, the latter representing a seventh consecutive drop.
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- FLOORCOVERINGS
Top line growth returned for Wiltshire floorcoverings manufacturer Wilton Carpets last year but higher costs weighed on earnings.
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- FLOORCOVERINGS
Flooring giant Headlam Group has appointed former Carpetright chief executive Wilf Walsh as one of two new non-executive directors as the wholesale group reshapes its board.
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- FLOORCOVERINGS
Victoria has agreed the sale and leaseback of its Belgian distribution centre for €34.4 million as the flooring group moves to fund the relocation of rug manufacturing to Turkey.
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- FLOORCOVERINGS
A major shareholder in Headlam Group has increased its stake beyond 10 percent, days after building a position ahead of the flooring company’s full-year results.
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- FLOORCOVERINGS
Flooring supplier James Halstead reported lower sales and profits for the first half of its financial year, while cash strengthened on tighter working capital controls and reduced inventories.
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- FLOORCOVERINGS
Employee-owned carpet manufacturer Penthouse booked lower profits last year as cost pressures offset the impact of higher sales.
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- FLOORCOVERINGS
Burmatex brand owner Airea returned to profit in the year to December 31, 2025, as the commercial flooring manufacturer reported modest sales growth and improved margins.
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- FLOORCOVERINGS
Headlam Group reported a net loss of £81.9 million for the year to December 31, 2025 as the UK's largest floorcoverings distributor continued to implement a transformation plan aimed at returning the business to profitability in 2027.
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- FLOORCOVERINGS
One of Headlam's largest shareholders has increased its stake in the UK flooring company ahead of the release of its full year results.
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- FLOORCOVERINGS
Mike Hardiman, former chief executive of the Carpet Foundation and a longstanding executive at Brintons, has died aged 79.
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- FLOORCOVERINGS
Textile flooring manufacturer Belysse Group reported a net loss for 2025 after it was impacted by weaker trading in Europe, particularly in its residential segment.
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- FLOORCOVERINGS
Flooring imports declined at the start of 2026 as a sixth straight fall in the value of vinyl flooring imports offset a second consecutive increase in carpets and rugs.
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- FLOORCOVERINGS
Restructuring advisors handling the administration of erstwhile flooring market leader Carpetright have reduced the tax authority’s claim in the collapsed retailer’s insolvency and said payments to former employees could begin within months.
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- FLOORCOVERINGS
Headlam Group has appointed Rob Barclay as its next chief executive officer and named Richard Jones as interim chief financial officer, rebuilding its leadership team following high-profile board exits.
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- FLOORCOVERINGS
Flooring conglomerate Victoria lowered its earnings guidance after weaker trading in January and said full-year revenue would fall short of prior expectations, sending its shares down sharply before rallying.
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- FLOORCOVERINGS
Mohawk said the global flooring industry has been in recession for almost four years as the world’s largest flooring company reported lower annual earnings and flat sales for 2025.
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- FLOORCOVERINGS
Imports of floorcoverings rose for the first time since the summer in December on the back of stronger trade in the carpet and wood flooring product categories.
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- FLOORCOVERINGS
Carpet maker Brintons navigated a challenging macro-economic environment during its latest financial year as US tariffs, currency volatility and subdued UK residential demand shaped trading conditions, according to chief executive Duccio Baldi.
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- FLOORCOVERINGS
A major global investment management firm and one of the largest shareholders in flooring group Headlam has almost halved its stake in the Midlands company, new disclosures show.
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- FLOORCOVERINGS
Flooring distributor Headlam Group has secured a new asset-based lending facility of up to £85 million, replacing its existing revolving credit facility and uncommitted overdraft.
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- FLOORCOVERINGS
A longtime carpet underlay executive who combined co-running Victoria subsidiary Ezi Floor with being one of the flooring conglomerate's largest worldwide shareholders has halved his stake in recent days.
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- FLOORCOVERINGS
A Midlands flooring business affiliated to a 10-store semi-national retailer has been placed into liquidation, leaving seven-figure tax debts.
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- FLOORCOVERINGS
Flooring imports declined for the fourth month in a row in November on the back of a decline in carpet trade and a double-digit drop-off in the vinyl category.
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- FLOORCOVERINGS
Flooring distributor Likewise Group said it is implementing price increases across most flooring categories during January and February as the AIM-listed company looks to improve operating margins as it builds on higher sales for the year just ended.
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- FLOORCOVERINGS
Victoria has appointed Steve Callaghan as a non-executive director and senior independent director with immediate effect, and confirmed the resignation of Andrew Harrison from its board after 13 years.
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- FLOORCOVERINGS
The group behind Brockway Carpets built cash reserves despite booking lower sales and profits through 2024/25 as a weak UK floorcoverings market and the loss of business linked to the Nestware group weighed on demand.
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- FLOORCOVERINGS
Ulster Carpets reported record group sales in the year to March 31, 2025, as investment at its Portadown headquarters lifted capacity, though adjusted EBITDA edged lower amid rising costs.
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- FLOORCOVERINGS
Phoenox Textiles increased capital investment sharply in 2024/25 as the fourth-generation rug and mat manufacturer moved towards the final phase of its longrunning programme to modernise UK production.
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- FLOORCOVERINGS
North London rug supply group Asiatic Carpets reported a sharp decline in net assets after distributing near eight-figure dividends in the year to March 31, 2025.
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- FLOORCOVERINGS
Flooring conglomerate Victoria reported higher underlying earnings for the six months ended September 27, 2025 but reorganisation, impairment and refinancing costs impacted the bottom line and debt.
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- FLOORCOVERINGS
Flooring imports fell for the third month straight in October as all of the major sub-categories saw declines compared with the same month last year.
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- FLOORCOVERINGS
One of flooring conglomerate Victoria's largest UK subsidiaries has cut its trading deficit despite lower output according to newly-filed accounts for 2024/25.
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- FLOORCOVERINGS
Switzerland-based investor All Interests Aligned (AIA) has completed the acquisition of sixth-generation Mears Flooring in a deal led by the former managing director of Crown Paints.
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- FLOORCOVERINGS
The floorcoverings group behind brands including Pennine, Volante and John Palmer Carpets slipped to a loss in the 11 months to December 31, 2024 as higher operating costs outweighed broadly stable revenue for the shortened reporting period.
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- FLOORCOVERINGS
Administrators of Adam Carpets have completed the sale of the manufacturer’s 6.6-acre Kidderminster trading estate, realising one of the major remaining assets of the collapsed carpet maker.
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- FLOORCOVERINGS
Shares in flooring conglomerate Victoria climbed after it revealed it has started production on a new automated ceramics line in Spain that is expected to increase annual earnings by about €15 million.
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- FLOORCOVERINGS
A Norwegian investment fund has built a notifiable stake in UK flooring group Headlam, sending its shares to their highest level since mid-September.
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- FLOORCOVERINGS
Likewise Group’s share price fell sharply after the flooring distributor said earnings for the current financial year will come in below market expectations, despite reporting higher revenue so far this year.
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- FLOORCOVERINGS
Floorcoverings imports declined again in September as weaker vinyl and wood categories failed to offset a third straight rise in the value of carpets brought into the UK.
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- FLOORCOVERINGS
Mohawk Industries said chief financial officer James Brunk will retire next year, with Nicholas Manthey, vice president of corporate finance and investor relations, set to succeed him from April 1, 2026.
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- FLOORCOVERINGS
Beaulieu International Group has agreed to acquire the assets of Congoleum Acquisition LLC, trading as Congoleum Flooring, in a deal that expands the Belgian company’s manufacturing capacity and distribution reach in North America.
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- FLOORCOVERINGS
Flooring conglomerate Victoria said profitability improved in the first half despite lower sales, after cost reductions offset weaker demand across its markets.
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- FLOORCOVERINGS
Headlam Group said revenue declined 5 percent in the four months to October 31 and warned full-year results would fall short of expectations, prompting its recent share rally to stall as shares dropped on Wednesday.
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- FLOORCOVERINGS
Online retailer Flooring King has secured an approved partnership with Laura Ashley to sell the heritage brand’s latest flooring collection across the UK.
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- FLOORCOVERINGS
Headlam Group is said to be looking to sell a distribution facility in Rochdale, the Eclipse Centre, with a guide price of £10.8 million.
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- FLOORCOVERINGS
Axminster Group and one of its subsidiaries face the collective write-off of over £1.5 million of intra-company debt after another of its group companies was placed into an insolvency process.
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- FLOORCOVERINGS
Mohawk Industries said its UK business outperformed wider European markets in the third quarter as increased Government spending on social housing supported demand, helping offset continued pressure in continental Europe.
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- FLOORCOVERINGS
Mohawk Industries will take a fresh round of restructuring actions intended to deliver a further $32 million in annualised savings, taking total expected cost reductions for this year to $110 million.
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- FLOORCOVERINGS
Shares in Headlam have fallen below 50 pence for the first time as the market value of the Midlands flooring distributor continues to hit fresh lows.
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- FLOORCOVERINGS
Victoria has scrapped its proposed debt exchange, ending plans announced last month to swap holders of its outstanding 2028 senior secured notes into longer-dated second-priority instruments.
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- FLOORCOVERINGS
Ball & Young, the flooring underlay manufacturer owned by Vita Group, reported lower revenue last year as a weaker market continued to weigh on activity.
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- FLOORCOVERINGS
Flooring imports into the UK fell in August as a double-digit decline in vinyl negated the impact of a second straight increase in carpet trade.
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- FLOORCOVERINGS
The International Carpet & Flooring Expo (ICFE) will expand to 11 halls when it returns to the Istanbul Expo Center on January 6–9, 2026, reflecting growing global participation in the trade event.
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- FLOORCOVERINGS
The company behind UK Flooring Direct has reported a bigger loss than first-disclosed for the year of its buyout by the Nestware group after reducing the carrying value of the brand following a third-party assessment. Its performance in 2024 improved.
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- FLOORCOVERINGS
HM Revenue & Customs has confirmed it is not appealing the United Carpets tribunal ruling that found carpet fitting by independent tradespeople falls outside retailers’ VAT scope.
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- FLOORCOVERINGS
Danish flooring manufacturer Ege Carpets has appointed Claus Beier as its new group chief executive officer.
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- FLOORCOVERINGS
Headlam Group said chief executive Chris Payne and chief customer officer Toni Wood have left the business as the floorcoverings distributor accelerates its transformation plan.
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- FLOORCOVERINGS
STS Flooring Distributors said trading has picked up sharply since May after a slow start to the year, with sales across housing, healthcare and education flooring projects running 8 percent ahead of the same period last year.
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- FLOORCOVERINGS
Tapi Carpets & Floors has revealed for the first time that it too is in dispute with HM Revenue & Customs over the treatment of VAT on carpet fitting, a row that could have significant consequences across the flooring sector.
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- FLOORCOVERINGS
Flooring conglomerate James Halstead paid higher dividends despite reporting lower revenue and earnings for the year to June 30, 2025, as weaker demand in Europe and Asia offset growth in North America and Malaysia.
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- FLOORCOVERINGS
Victoria said chief executive Philippe Hamers will step down next year after nearly a decade leading the flooring group, following the completion of refinancing arrangements for its 2026 debt maturities.
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- FLOORCOVERINGS
Airea, the group behind the Burmatex carpet brand, reported higher first-half sales as the flooring manufacturer pressed ahead with investment in a new manufacturing facility.
- Details
- FLOORCOVERINGS
Flooring Superstore has opened its 50th store in the UK as part of its ongoing expansion programme.
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- FLOORCOVERINGS
AW (Europe), the UK sales and distribution unit of Belgium-based flooring supplier Associated Weavers, returned to profit in 2024 after a sharp swing in gross margin offset lower sales in its core carpet business.
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- FLOORCOVERINGS
Beaulieu International Group (B.I.G.) plans to centralise all finishing operations of its needle felt division at its Kruisem site, phasing out ovens and warehousing activities in Oostrozebeke by the end of 2026. Production at both sites will continue.
- Details
- FLOORCOVERINGS
The UK flooring industry has been given a window of time to prepare for Extended Producer Responsibility (EPR), with the UK Sustainable Flooring Alliance (UKSFA) urging stakeholders to collaborate on an industry-led approach.
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- FLOORCOVERINGS
Luxury vinyl tile conglomerate Karndean maintained EBITDA last year despite a tough flooring market that hit sales volumes, according to newly-filed dollar-denominated accounts.
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- FLOORCOVERINGS
Victoria has invited holders of its outstanding senior secured notes due 2028 to swap them for new instruments maturing three years later, in a move designed to reduce debt and ease near-term refinancing risk.
- Details
- FLOORCOVERINGS
Headlam is planning to sell its businesses in France and the Netherlands as part of the flooring group's transformation programme to simplify operations and release cash.
- Details
- FLOORCOVERINGS
Flooring group Headlam has lifted its profit improvement guidance under its transformation plan despite reporting a larger first-half loss.
- Details
- FLOORCOVERINGS
Imports of floorcoverings into the UK rose in July on the back of stronger orders across all categories including the carpets, vinyl and wood segments.
- Details
- FLOORCOVERINGS
North West based carpet and rug supplier Couristan Carpets (UK) moved to a loss in 2024 in a period that saw it change the way the US-owned business recognises revenue.
- Details
- FLOORCOVERINGS
The group behind Blackburn carpet maker, distributor and flooring insurance claims handler Cavalier Carpets ended 2024 with a stronger cash position despite lower sales and profits.
- Details
- FLOORCOVERINGS
Unilin, the manufacturing group owned by flooring conglomerate Mohawk Industries, has launched refreshed collections from its Moduleo and Quick-Step brands in the UK.
- Details
- FLOORCOVERINGS
Expanding floorcoverings supplier Likewise Group has outlined plans to lift sales beyond £250 million as it reported higher first-half revenue and profit.
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- FLOORCOVERINGS
Flooring distributor Likewise Group has received planning permission to enlarge its South Wales facility in Newport, creating a distribution hub for its networks.
- Details
- FLOORCOVERINGS
Cosy Carpets, the East of England flooring retailer that shares common ownership with the Mattressman beds chain, has launched a mobile showroom service.
- Details
- FLOORCOVERINGS
The Belgian textile flooring conglomerate behind the ITC carpet brand moved to a small net loss in the first half of 2025 as weaker European demand offset a stable performance in the US.
- Details
- FLOORCOVERINGS
Restructuring firm PwC will draw up to £4 million in fees from its work as administrator to Carpetright following the collapse of the hitherto flooring retail market leader last year.
- Details
- FLOORCOVERINGS
Consumer goods goods group to pay £1.65 million upfront for historic brand, and up to £3 million more in contingent consideration.
- Details
- FLOORCOVERINGS
National retailer Flooring Superstore has reached a new milestone with the opening of its 50th UK branch, a 6,600sqft outlet in Hove.
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- FLOORCOVERINGS
Victoria has received overwhelming support from investors to push out the maturity of its senior secured debt by three years, completing the refinancing process first outlined alongside the flooring group's full-year results last month.
- Details
- FLOORCOVERINGS
Flooring imports into the UK declined in June on the back of weaker figures from both the carpets and vinyl product categories. Wood flooring shipments were higher for the second straight month.
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- FLOORCOVERINGS
West Midlands flooring manufacturer Amtico grew earnings in 2024 as softer raw material and utility prices boosted profitability despite a dip in sales.
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- FLOORCOVERINGS
The franchisor arm of United Carpets has overturned almost £500,000 in VAT assessments after a tribunal ruled that carpet fitting by self-employed tradespeople is a separate service from the chain's flooring sales.
- Details
- FLOORCOVERINGS
Floorcoverings distributor Likewise Group has secured new capital through an institutional equity subscription to support future growth investments.
- Details
- FLOORCOVERINGS
A historic north London distributor has rebranded in a move that better reflects its "deep-rooted expertise in the world of wholesale rugs."
- Details
- FLOORCOVERINGS
The UK Sustainable Flooring Alliance will exhibit at The Flooring Show in Harrogate this September, marking its first major appearance since rebranding from Carpet Recycling UK earlier this year.
- Details
- FLOORCOVERINGS
Airea, the company behind the Burmatex carpet brand, said sales increased in the first half of 2025 ahead of the completion of a major upgrade of its manufacturing facility by the end of the third quarter.
- Details
- FLOORCOVERINGS
Mohawk Industries, the world's largest flooring company and a major player in the UK, said its European markets remain constrained by low residential remodelling and construction in the second quarter.
- Details
- FLOORCOVERINGS
Victoria's decision to end large-scale woven rug manufacturing at Balta’s Belgian factories will lead to more 500 jobs going under a restructuring programme driven by cost and demand pressures.
- Details
- FLOORCOVERINGS
Victoria has secured support from over 90 percent of bondholders to refinance its €489 million senior secured notes, extending their maturity by three years in a move the company says will enhance liquidity and support its self-help initiatives.
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