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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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

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.

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.

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.

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.

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.

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

Carpet imports fell sharply in October as the final quarter started with weaker data from Belgium, the Netherlands and Turkey.

Flooring supplier Victoria is to enter a new product segment after it agreed to buy the rugs division of Belgium's Balta Group. It will also acquire its U.K. polypropylene carpet and non-woven carpet businesses, plus the Balta brand.

Acquisitive U.K. flooring company Victoria has confirmed it is in discussions with Balta regarding the buyout of an unspecified constituent part of the Belgian flooring conglomerate.

Headlam, the multi-brand flooring wholesale conglomerate, has launched a fully-transactional mobile trade app, allowing customers to order products on the go.

Imports of carpets and rugs into the U.K. declined year-on-year in September, ending a six-month run of annual gains.

The owner of Quick-Step, the popular floorcoverings brand, will start recycling high density fibreboard (HDF) used in its laminate flooring after a breakthrough in the sustainability process.

Flooring supply group Victoria is adding further ceramic tile capacity with the acquisition of B3 Ceramics Danismanlik, a Turkey based manufacturer and exporter trading as Graniser.

The Carpet Foundation, the industry-funded body that aims to lift the profile and boost sales of carpet, is to return to consumer advertising next year.

Flooring supplier Designer Contracts and underlay and fibre technology brand Texfelt were named winners of the Partners in Sustainability Awards at a black-tie event in London last week.

Mohawk Industries, the world's largest flooring company, was bullish on demand in a third quarter trading update, but bearish on supply chain constraints that are pushing out lead times and creating input cost pressures.

Passing input cost inflation through the supply chain to retailers, distributors and end users helped diversified flooring conglomerate Balta find growth in the three months to September 30.

Beaulieu International Group (B.I.G.), the diversified Belgian industrial conglomerate, is to increase prices worldwide across its entire flooring solutions portfolio.

The value of carpets and rugs imported into the U.K. continued to rise in August according to new figures, but at a much shallower incline than in the preceding seven months.

The British arm of the Danish solid wood floor maker Junckers posted lower sales last year but expects to begin recovering business lost to the pandemic through 2021.

Gains in textile floorcoverings imports were pared back at the start to the second half of 2021 as the carpet trade annualised the resumption of trade after the first lockdown last year.

The business success and philanthropy of Designer Contracts md and owner Peter Kelsey have been marked with an Outstanding Achievement in the Flooring Industry Award at a ceremony of his trade peers.

Victoria says it is taking a bigger share of wallet in the U.K. flooring market as a result of its investment in its logistics operation here, citing the impact of its elevated service levels.

SATRA, the international research and testing organisation, says investment in new state-of-the-art machinery will enable it to meet growing demand for the testing of floorcoverings.

Headlam, the flooring conglomerate whose 66 business units make it the largest of its type in Europe, says the relative infrequency of consumer flooring purchases have softened the impact of rising prices.

Victoria, the flooring conglomerate, is to relocate its Alliance Flooring Distribution business unit from Kidderminster to Worcester after agreeing to take a new purpose-built unit just off the M5.

Storied carpet manufacturer Brintons will next week move into new headquarters for the second time in the past ten years. It will remain in Kidderminster.

The reopening of retail stores in April and customers pre-stocking in anticipation of demand helped carpet maker Balta find U.K. revenue growth in the first half of 2021.

Karndean, the circa £91 million turnover luxury vinyl tile (LVT) flooring company, is to launch a first-ever television advertising campaign.

Belgian carpet maker Associated Weavers, one of the largest flooring suppliers to the U.K., saw sales decline here through 2020 but at a lesser rate than its compatriots and the overall U.K. market.

Greenwood & Coope, the business behind the Cormar Carpet Company, could soon announce a new chief executive to lead the country's largest carpet manufacturer.

Surging demand for floorcoverings helped Belgian and Dutch carpet makers recover lost turnover in the U.K. market in the first half of 2021, though it was Turkey and India that made the largest gains.

Fast-expanding multichannel retailer Flooring Superstore is on track to hit a half-century of stores by the end of 2021 as it continues to add new showrooms through the summer and autumn.

Weak exports hampered the recovery of West Yorkshire commercial carpet maker Burmatex in the first half of 2021 though stock market listed parent company Airea did report a return to profit.

Likewise Group, the fast-expanding flooring distributor formed by former Headlam directors, says part of a fresh injection of equity funding has been earmarked to help fund acquisitions.

Richard Moore, executive director at Associated Carpet Group (ACG), is to leave for a new role in the U.K. floorcoverings sector after 16 years with the buying organisation.

Victoria says its carpet and underlay divisions outperformed all key competitors in the U.K. and abroad as it bounced back strongly from the first lockdown last year.

2019/20 figures for Dewsbury based G-Tuft, part of the Victoria group for just over two years.

Carpet imports rocketed in the spring with the cumulative total for 2021 now overtaking comparable data for 2019 for the first time this year.

Brintons, the heritage U.K. carpet maker with operations across the world, says it is over delivering against revised financial forecasts as its global hospitality, gaming, cruise and residential markets reopen.

A reorganisation combining co-owned companies behind a regional carpet and beds chain in the North and a national ecommerce carpet business has created one of the largest privately-owned flooring groups in the country.

The pandemic delayed the opening of a new distribution centre and ended more than a decade of growth for one of the U.K.'s largest privately-owned carpet wholesalers, but sales bounced back strongly after the first lockdown.

Flooring conglomerate Victoria has agreed to buy multichannel U.S. smooth flooring distributor Cali Bamboo Holdings for consideration totalling $76.1 million (£55.1m) in addition to the paydown of debt.

Imports of carpets climbed four-fold on last year and were up more than a third on a two-year basis as retailers and distributors looked to satisfy rising demand among end users.

Pandemic disruption didn't stop the Northern Ireland headquartered company behind the Flanagan Flooring Distributors business finding sales and profit growth in the year to end September.

The acquisition of Arlo & Jacob by upholstery group TCM Living will see floorcoverings added to the retailer's product roster as it leverages wider group manufacturing assets and synergies.

A combination of selling price increases and supplier negotiations have helped flooring conglomerate Victoria shrug off the impact of rising input costs in a period of never-before seen growth.

Headlam Group, the flooring wholesale giant, said its residential business helped deliver strong growth on weak comparatives last year and keep revenue within a whisker on a two-year basis.

Carpetright, Britain's largest floorcoverings retailer, has launched a new format targeting design-led consumers with a store on Tottenham Court Road in Central London. More stores will follow.

Manufacturers in Belgium, the largest source of foreign-made carpet sold in the U.K., ended a barren run stretching back to September 2019 at the end of the first quarter.

Belgian carpet manufacturing conglomerate Balta has raised prices in response to input cost inflation and has warned flooring customers that more may follow.

Victoria, the acquisitive flooring conglomerate, has agreed to buy Dutch artificial grass supplier and carpet backing company Edel Group from its private equity owners.

Mohawk Industries, the world's largest flooring company with business units across the globe including Britain, says the first quarter of 2021 saw it achieve best-ever quarterly sales.

Headlam, Europe's largest flooring distributor, plans to reduce the headcount in its field sales team in the U.K. amid rising orders being taken online. It has also announced the sale of one of its business units in mainland Europe.

Victoria, the diversified flooring manufacturer and distributor, has picked up three Italian tile peers in deals worth a combined €35 million. They are the first, and smallest, of several deals in the pipeline, the company said.

Wood, laminate and vinyl floor retailer Factory Direct Flooring has increased capacity after taking a larger Midlands warehouse unit.

Designer Contracts, the floorcoverings and furnishings supplier to the house-builder market, has taken new hires since January to 25 with its latest appointments.

Profits more than trebled in the lead up to the pandemic for one of the U.K.'s largest privately-owned floorcoverings companies.

Carpet and rug imports from Turkey are up more than a quarter in 2021 so far according to new official figures, helping mitigate the continued fall in the value of goods coming in from historic trading partners.

The reopening of stores sees fast-growing retail chain Flooring Superstore pick up the expansion baton again as it looks to double in size through 2021.

The easing of travel restrictions around the world is helping grease the wheels of Victoria's acquisition strategy, with the flooring conglomerate soon to announce new takeovers.

A Midlands based flooring company that had traded under at least three different retail brand names has been placed into liquidation, owing millions to creditors.

Rochdale manufacturer Penthouse Carpets said trading was steady ahead of the arrival of the pandemic with the final three months of its financial year hit by the first lockdown.

Independent flooring retailer and contractor Mears Furnishers strengthened its financial position in the year leading up to the early weeks of the pandemic.

Nestware Holdings, part of the Meditor Group that took Carpetright private early last year, has agreed to buy major flooring distributor Carpet & Flooring from its private equity backer Endless. It is its third acquisition in six months.

Carpetright will begin a recruitment process to find a successor to chief executive Wilf Walsh, who has become chairman at the retail chain's parent company Nestware Holdings.

The chief commercial officer at U.K. Flooring Direct has become chief digital officer in a move that reflects the major flooring retailer's upscaled plans for digital technology investment.

The slog for Belgium's carpet makers continued at the start of 2021 with Britain's biggest trading partner for the category sustaining another sharp fall in the value of product arriving here.

Adjusted profits fell high single digits on a near €110 million sales drop for flooring giant Balta last year, with it slipping to a net loss overall after finance costs and non-cash write-downs.

A new nylon yarn aimed at residential carpet makers contains 75 percent recycled material and is itself "endlessly recyclable" according to its Belgian proponent.

The West Yorkshire wool supplier that owned heritage carpet maker Axminster until early last year has completed a restructuring process it initiated nearly two years ago to improve its finances.

Brockway Carpets slipped to a loss last year as a result one-off restructuring costs and the end of its financial year being hit by lockdown and customers such as John Lewis halting carpet operations.

Flooring manufacturer and wholesaler Victoria has issued £500 million of new bonds, more than 40 percent higher than originally planned after strong investor demand.

Carpet and vinyl flooring manufacturers and distributors are facing up to supply shortages and cost increases for yarn, PVC and other raw materials with a significant knock-on effect expected for retailers.

Carpet and flooring manufacturer and wholesaler Victoria is to refinance with a leverage-neutral bond issue for €350 million.

Carpet imports into the U.K. climbed for a second straight month in December but it was a miserable end to the year for Belgian manufacturers, who have suffered more than most through 2020.

Profits climbed sharply at carpet maker Cormar in 2019–20 on the back of wider margins, surging demand following the first lockdown and after annualising non-recurring expenses from the previous year.

Retail demand returned strongly after the first lockdown last year but the chairman of Ulster Carpets says the future is less certain for contract markets because of the effect of the pandemic on the hospitality sector.

Designer Contracts has expanded its presence in Scotland in response to exponential sales growth, the floorcoverings contractor and supplier says.

Flooring contractor Designer Contracts has appointed Simon Westley as logistics manager and promoted three managers to new roles.

Balta Group, the major Belgian carpet manufacturer and one of the largest suppliers to the U.K. floorcoverings market, plans to refinance its long-term borrowing.

The flooring industry has found growth despite difficult trading conditions according to retailer Calverts Carpets, one of the largest regional chains in the U.K.

Flooring and beds retailer United Carpets Group will delist from the Alternative Investors Market (AIM) on Friday as it returns to private ownership.

Headlam Group, Europe's largest collective of floorcoverings wholesalers, says strong demand for residential flooring products in the second half of last year helped negate weaker earlier trading.

The South Wales carpet manufacturing arm of flooring giant Victoria returned to profit in 2019–20 as it annualised millions of pounds of restructuring costs.

U.K. imports of carpets and rugs advanced high single-digits according to newly-released November data as China, India and Turkey made gains while traditional manufacturing powerhouses continued to toil.

Strong trading in the back half of last year enabled flooring retail chain Tapi Carpets & Floors to pay off short-term lending from key investors.

Major U.K. carpet and flooring distributor says it had seen little investment in three decades before it set about transforming its business under new ownership.

Nigel Graham, the former co-owner of a Yorkshire carpet manufacturer bought by flooring conglomerate Victoria in 2019, has left the company.

Luxury vinyl tile (LVT) giant Karndean International says there are positive demand indictors with the sector so far resilient during the pandemic. Its comments came as it filed accounts showing record sales.

The U.K. arm of the Belgian manufacturer behind the Invictus and Vivendi carpet brands posted a double-digit sales fall in 2019 and incurred higher costs launching new products here.

Company behind U.K.'s number two carpet franchise network slips to loss on narrower margins, higher costs.

Imports of carpets and rugs fell at their steepest rate since the summer on weaker growth figures from emerging partners. Arrivals from established source nations such as Belgium and the Netherlands remained feeble.

Revenue advanced in mid-single digits for Coventry based luxury vinyl tile (LVT) giant Amtico last year but margins were thinner as a result of higher costs.

The co-founders and majority shareholders of United Carpets and Beds have offered to buy out remaining stockholders in a deal that would see the flooring retail franchise delisted from the Alternative Investors Market (AIM) and return to private ownership.

Carpet producers, distributors and retailers as well as their customers could see extended lead times after the insolvency of a major specialist haulier put product out of sync.

Earnings grew on higher sales last year for the Yorkshire rugs and soft furnishings manufacturer behind the Howler & Scratch and Rug Guru brands.

Business model adjustments have helped drive major efficiency improvements for Abingdon Flooring, one of the U.K.'s largest carpet makers, parent company Victoria said yesterday.

The executive chairman of flooring conglomerate Victoria says he expects no let up in demand with the group to achieve meaningful organic growth into 2021 as consumers continue to invest in their homes.

Headlam, Europe's largest floorcoverings distributor, says it thinks a small amount of data has been extracted following what it called a cyber security incident.

U.K. Flooring Direct will open a new sourcing and development office in China and invest in an expanded product offer after agreeing an investment package with Business Growth Fund (BGF).

The retailer behind the Flooring Superstore retail chain redeployed its store staff to telesales roles as direct sales channels helped the expanding retailer grow revenue in 2019–20.

Demand for overseas-made carpet continued to recover as U.K. distributors and retailers brought in close to year-earlier levels for the first time this year.

Wholly-owned distributor offers brands such as Quick-Step, Elka, Balterio and Pergo to customers across the U.K. floorcoverings market.

Sales of residential products and rugs helped mitigate continued weakness in the commercial sector at flooring colossus Balta Group in the third quarter of 2020.

Flooring conglomerate Victoria says the imminent lockdown in England will make little material difference to its business in the long run, adding that its factories will remain open and continue to accept and deliver orders.

Revenue growth in Europe and other international markets helped counter weaker domestic demand at flooring conglomerate Mohawk Industries in the third quarter.

Tapi Carpets & Floors has hired Emma Collett as chief operating officer as the expanding floorcoverings retailer continues to reshape its management team.

Flooring and beds retailer United Carpets says its franchised and corporate stores bounced back strongly in the four and a half months since its business reopened this spring.



Stay informed. Subscriptions start from less than £2 per week:



Already a subscriber?    Sign In