Flooring Industry News
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Flooring group Headlam has lifted its profit improvement guidance under its transformation plan despite reporting a larger first-half loss.
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- EVENTS
The organisers of The Flooring Show in Harrogate are said to be launching a spring 2026 exhibition based in southern England.
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- 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.
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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.
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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.
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Unilin, the manufacturing group owned by flooring conglomerate Mohawk Industries, has launched refreshed collections from its Moduleo and Quick-Step brands in the UK.
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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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Flooring distributor Likewise Group has received planning permission to enlarge its South Wales facility in Newport, creating a distribution hub for its networks.
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Cosy Carpets, the East of England flooring retailer that shares common ownership with the Mattressman beds chain, has launched a mobile showroom service.
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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.
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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.
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Consumer goods goods group to pay £1.65 million upfront for historic brand, and up to £3 million more in contingent consideration.
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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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- DEALS & FINANCE
Buyout terms for Warwickshire-based Factory Direct Flooring disclosed for the first time following takeover.
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- SUPPLY & WHOLESALE
James Latham, a large supplier to the cabinet furniture and wood flooring sectors, said trading in the past four months was ahead of the same period last year, supported by stronger demand for solid timber products.
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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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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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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.
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Floorcoverings distributor Likewise Group has secured new capital through an institutional equity subscription to support future growth investments.
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- FURNISHINGS & ACCENTS
Rug and mat giant Kleen-Tex has promoted Lee Fox to chief operating officer as the international manufacturer accelerates its expansion across global markets.
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A historic north London distributor has rebranded in a move that better reflects its "deep-rooted expertise in the world of wholesale rugs."
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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.
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- BEDS & MATTRESSES
The founder of beds and flooring industry supplier CPS (Wales) has outlined plans to triple turnover to £12 million within five years after the sale of a majority stake to the owners of Progression Capital.
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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.
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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.
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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.
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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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UK carpet manufacturing turnover declined in 2024, driven by weaker results in the tufted segment, new official data shows. Woven carpet turnover increased over the same period.
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Flooring group Headlam said revenue trends continued to improve through the second quarter, with UK sales and volumes returning to year-on-year growth in June for the first time since early 2022.
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Flooring giant Headlam has completed the sale and leaseback of its Tamworth distribution centre for £21.75 million, part of its ongoing transformation plan.
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Property and other assets of a heritage wool merchant business founded in 1927 have been sold after the company was placed into administration.
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Flooring imports returned to growth in May as renewed strength in carpet shipments offset a first decline in vinyl since the spring of last year.
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- RETAIL & DISTRIBUTION
The group behind flooring and mattress chain United Carpets & Beds increased full-year profits after fair value gains on its investment property portfolio boosted earnings.
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- EVENTS
The INDX National Flooring Show will open on a Sunday for the first time when it returns to Cranmore Park next May.
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The carpet manufacturing unit of the Thailand-headquartered group behind UK sofa brands Alstons, Ashley Manor and Alexander & James, has passed the one billion mark in recycled PET bottle use as it reaffirmed its long-term sustainability goals.
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The owner of the diversified Yorkshire group behind mattress fillings supplier and carpet manufacturer Rawson has disclosed the terms of the disposal of its Applied Felts US subsidiary for the first time.
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Designer Contracts, the major flooring supplier to the new-build housing market, recorded lower sales last year following a post-pandemic boost that had lifted turnover to its highest level since before Covid.
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Victoria has agreed a new £130 million super senior facility as part of the flooring conglomerate's refinancing strategy, replacing an existing revolving credit line that was due to mature in February 2026.
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A floorcoverings retailer set up in a Birmingham suburb six years ago has been named one of the fastest-growing companies in the UK.
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- RETAIL & DISTRIBUTION
The flooring retail and wholesale group behind Wilsons Carpets and Online Carpets more than doubled profits last year in a period that saw strong cashflow bolster its balance sheet.
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Cormar Carpets grew profits on the back of a sharp rise in gross margin last year despite revenue declining amid reduced average selling prices.
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Likewise Group reported continued sales growth and network expansion in an AGM statement on Friday, saying the UK floorcoverings distributor remained on course to meet market expectations for the full year.
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- SUPPLY & WHOLESALE
Valley Wholesale Carpets, a large distribution arm of listed flooring group Likewise, saw profits decline in 2024 as sales eased in a challenging market.
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Carpet imports into the UK declined in April but overall flooring shipments remain close to flat thanks to the continued strength of the vinyl category.
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Lano, one of Europe’s major carpet manufacturers, has become a wholly owned subsidiary of Belgotex International following the latter’s acquisition of the remaining shares it did not already own.
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- RETAIL & DISTRIBUTION
Privately-owned department store retailer Browns of York is to discontinue its floorcoverings offer in favour of an increased focus on furniture, citing rising demand.
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- RETAIL & DISTRIBUTION
Flooring Superstore is consolidating its warehousing operations into a new 63,000sqft logistics hub at Integra 61 in County Durham, as it continues its nationwide expansion strategy.
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J2 Flooring has acquired VAR Technology, a company known for its precision cutting and customisation of luxury vinyl tile flooring, as part of a move to expand its design capabilities and accelerate its growth strategy.
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Headlam Group narrowed its year-on-year revenue decline to 1.4 percent in April, continuing a sequential improvement from the start of the year.
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Hopes of a return for rug suppliers owed cash by the now-closed company behind online brands including Iconic Rugs and The Rug Seller will depend on stock realisations, restructuring advisors have said.
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Carpets led improved flooring trade data in March, with imports into the UK growing faster in that segment than alternatives such as vinyl.
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- RETAIL & DISTRIBUTION
Clicks-to-bricks retailer Flooring Superstore is closing in on 50 stores across the UK after it opened its fourth new showroom of the year earlier this month.
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Likewise Group says it is now committed to increasing its operational gearing with the multi-site flooring supplier saying its major phase of capital investment is largely complete.
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The Carpet Foundation's Consumer Code of Practice, one of the most admired achievements by any UK furnishings trade association, will cease to exist after the industry body announced its planned permanent closure later this summer.
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A North West maker of high-end furniture for residences and super-yachts was among a handful of industry companies to claim a King's Award for Enterprise in the 2025 cohort.
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Mohawk Industries expects to incur $50 million in annualised costs following the rollout of US tariffs on imports, the company said as it released its first quarter results.
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Victoria expects full-year revenue to top £1.11 billion as operational improvements delivered a stronger fourth quarter, the company said in a trading update on Tuesday.
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Restructuring advisors say the sale of freehold property assets could yield a return for trade suppliers of Adam Carpets, the heritage Kidderminster carpet maker placed into administration in March.
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Tapi Carpets & Floors is pressing ahead with a new phase of retail expansion this spring, with further store openings confirmed across the UK as part of its tenth anniversary campaign and post-acquisition growth strategy.
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Profits declined amid a challenging market for third generation hardwood flooring supplier V4 Wood Flooring through 2023/24 though margin expansion had a mitigating effect.
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Furniture, beds and flooring industry news in brief.
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B.I.G. Yarns, the Belgium-based manufacturer of polyamide, polypropylene, and polyester carpet yarns, is investing €25 million upgrading its French production facility.
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The Belgian textile flooring conglomerate behind the ITC carpet brand saw sales decelerate further in Europe in the first quarter as it lapped a tough comparative.
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Shares in Headlam have fallen below 80 pence with the flooring group now trading at an even larger discount to the prevailing value of tangible assets on its balance sheet such as property and cash.
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- RETAIL & DISTRIBUTION
Tapi Carpets & Floors has introduced a Karndean product line as its first and only luxury vinyl brand across selected stores nationwide.
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Continued high vinyl shipments from the Far East combined with higher carpet arrivals to return UK flooring imports to growth in February.
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- EVENTS
UK Sustainable Flooring Alliance (UKSFA), the flooring trade body formerly known as Carpet Recycling UK, has launched a new and expanded programme of awards ahead of its annual conference this summer.
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- RETAIL & DISTRIBUTION
The Yorkshire retailer behind brands spanning Carpet Monster to The Great British Sofa Company returned to profit last year as cost cuts outweighed the impact of lower sales.
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Floorcoverings distributor Likewise maintained double-digit sales growth in the first quarter and says its operational gearing means that should flow down the income statement.
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The retailer behind UK Flooring Direct and Flooring Supplies has put a larger loss down to one-off costs and heavier marketing spend driving traffic that ultimately wasn't in the market to buy flooring.
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Quick-Step brand owner Unilin has launched the "world's most advanced laminate press" in a development that increases production capacity by 25 percent and the speed at which it can manufacture.
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- TRADE & INDUSTRY
Industry takeover, flooring and charity news in brief.
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Administrators are looking to find a buyer for the business and assets of fourth generation flooring manufacturer Adam Carpets, after the business ceased trading last week.
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Rug wholesaler Flair Flooring Group booked record profits last year on wider margins and a fourth straight year of revenue growth.
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Historic carpet manufacturer Brintons says it expects the UK residential flooring market to stabilise and remain flat this year after a tough 2024.
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Headlam, the UK's largest flooring distributor, is creating a single national sales force for six of its residential product brands in a move that aims to reduce duplication and make trading with the group easier and more efficient.
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Adam Carpets has said it is exploring all available alternatives to maximise returns for creditors in its first public comments since filing a notice of intent to appointment administrators just over a week ago.
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- RETAIL & DISTRIBUTION
The smart Tottenham Court Road store formerly occupied by The Floor Room is to be reconfigured into a beds showroom, if plans are approved.
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An eighth straight rise in vinyl imports into the UK wasn't enough to keep all flooring imports positive in January as buyers turned away from Belgian and Turkish carpets and rugs.
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Flooring manufacturer and distributor Victoria has appointed Alec Pratt as chief financial officer. He succeeds Brian Morgan, who will step down late June.
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A circa £6 million turnover supplier based in the heart of the UK carpet manufacturing sector has put creditors on alert after a court filing late last week.
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The British Furniture Confederation (BFC), the public affairs umbrella body of furniture and beds, furnishings and flooring sector trade associations, has launched its new Plan for Growth. It will use the document to engage with all levels of Government.
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Headlam Group says the top line has continued to fall in the first two months of 2025 despite almost all leading spending indicators pointing towards an improved outlook.
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Margin expansion helped Belgian textile flooring conglomerate Belysse Group return to profit last year as it shrugged off falling sales volumes.
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Diversified flooring conglomerate Forbo Group kept profit within touching distance of year-earlier levels in 2024 despite what it described as an "adverse market environment."
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The majority shareholder in flooring conglomerate Tarkett plans to acquire the minority of shares it does not already own in a deal that values the business at €1.05 billion.
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A retailer operating multiple ecommerce brands selling products ranging from rugs and home accents through to furniture and artificial grass has filed a notice of intent to appoint administrators ahead of an expected restructure of its liabilities.
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The owners of the flooring and wallcoverings retailer behind brands including Tile Giant and Tile Choice have completed an asset buyout that will result in a number of store closures.
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Metro Group, the buying organisation behind the Carpet 1st brand, has named a new successor to Steve Depport, who is retiring as its leader after almost 13 years in charge.
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- RETAIL & DISTRIBUTION
UK tax officials believe Carpetright should have charged VAT on the cost of fitting by independent installers, leading to a claim far in excess of the amount originally expected by restructuring advisors handling the fallout from the retailer's collapse.
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- RETAIL & DISTRIBUTION
United Carpets & Beds is looking to rebuild store numbers after issuing the clarion call to independent retailers seeking to expand.
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Margin expansion and continued sales growth helped privately-owned flooring wholesaler Kellars double profits last year, despite a tough macro.
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A West Yorkshire retailer that majors in natural and eco-friendly smooth and soft flooring products has been told to adjust its advertising after claims it made were ruled to be misleading.
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Manufacturing giant Ulster Carpets has disclosed the financial terms of its 2023 takeover of Hampshire supplier Alternative Flooring for the first time.
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UK furniture and furnishings exports grew at a faster pace than imports last year but the trade gap still widened because of the disparity between goods arriving into the country and those leaving.
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The West Yorkshire manufacturer behind the Hug Rug, Howler & Scratch and Rug Guru brands says it is close to completing its nine-year plan to keep manufacturing in Britain.
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Import growth returned in the carpet category in December but at a fraction of the rate at which vinyl shipments to the UK rose compared with the same month last year.
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- RETAIL & DISTRIBUTION
The number of UK carpet and floorcoverings retailers with sales over £1 million reached an all-time high level last year, data for 2024 shows.
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Flooring group Likewise says the previously-signposted acquisition of a new freehold warehouse in the South West has cost the business £1.2 million.
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Restructuring work taken in response to soft demand worldwide is expected to yield as much as $285 million in annual savings, flooring conglomerate Mohawk Industries said late last week.
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- RETAIL & DISTRIBUTION
Restructuring advisors that oversaw the sale of Carpetright's retail business in mainland Europe say the deal preserves the value of its real estate assets.
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- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
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Flooring giant Headlam Group has revamped its leadership team with a further three appointments including the arrival of James Heese in the newly-created role of chief buying officer.
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High liquidity helped flooring retailer and wholesaler Calverts Carpets find pretax earnings growth last year despite revenue declining in the face of a tough market.
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The owner of Nestware Holdings has underlined its continued backing for the residual group of flooring companies in the aftermath of the collapse of Carpetright and The Floor Room last year.
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Flooring wholesale group Headlam said growth with larger customers and trade counters was offset by the impact of weak market conditions on its regional distribution business.
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Headlam Group has promoted David Rose to chief operating officer less than a year after he joined the UK's largest flooring wholesaler. He is one of two senior hires at the Midlands group, with Chris Sutton named contracts managing director.
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- RETAIL & DISTRIBUTION
Tapi Carpets & Floors is to open concessions across the John Lewis estate as the department store retailer replaces the business lost when The Floor Room collapsed last year.
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An insolvent restructure of carpet industry supplier Lawton Yarns will vaporise the debts of everyone except for the bank and business critical suppliers.
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Flooring distributor Likewise Group says a property deal to expand its distribution footprint in Devon will "complete the logistics network to service the whole of the UK."
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Shares in Victoria have continued to recover from the sharp falls seen last year with its market capitalisation having more than doubled in the past month.
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Asiatic Carpets, the large north London rugs wholesaler, recorded lower profits last year as the impact of rising costs outgunned higher output.
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Profits declined on lower sales for the group behind carpet maker Brockway last year, but it says investment and strategic decisions have shielded the business from wider market events.
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North East flooring retail franchisee Cotterhill maintained double-digit net margins through 2023/24 despite year-on-year profits halving on higher costs.
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Phoenox Textiles, the manufacturer behind the Howler & Scratch and Rug Guru brands, found top and bottom line growth last year as investment paid dividends.
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Underlying profits rose on continued top line growth at Ulster Carpets through 2023/24, though the consolidation of weaving activities proved a drag on the flooring manufacturing giant's net result.
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A British carpet yarn spinner that has long been a key cog in the UK manufacturing supply chain has filed a notice of intent to appoint administrators (NOI).
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Flooring giant Headlam has raised £53.9 million from the sale of four properties, two of which it plans to lease back and continue using. The group has concurrently announced the planned exit and successor for chairman Keith Edelman.
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Privately-owned flooring manufacturing conglomerate Condor Group has acquired the sales activities of Findeisen, a German carpet business whose roots go back over a century.
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Spruce House Partnership, a private investment firm that owned more than a fifth of Victoria as recently as July, has almost closed out its position in the UK flooring conglomerate.
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More than a dozen companies from across the furnishings, flooring and bedding sectors have been appointed Royal Warrant holders as part of the second cohort to be granted by HM King Charles III.
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- RETAIL & DISTRIBUTION
Deflation returned to the furniture category last month according to official data, while carpets and flooring prices continued to trend lower than last year.
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- RETAIL & DISTRIBUTION
Mears Flooring shrugged off a tough economic backdrop to record highest-ever sales and its second-best-ever earnings in the year to March 31, 2024.
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A sixth straight decline in carpet imports wasn't enough to send overall flooring inflows into the UK lower at the start of the third quarter thanks to continued strength in wood and vinyl.
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- FLOORCOVERINGS
Shares in flooring conglomerate Victoria jumped sharply on Tuesday after the group chief executive Philippe Hamers delivered a major vote of confidence.
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Likewise Group, the emerging national flooring distributor, says trading in October and November "has been particularly positive" in an update that followed its largest rival decrying wider market conditions.
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Headlam says the flooring market is down as much as 15 percent year-on-year but added that its own performance was not as weak. That is because the collapse of Carpetright has aided some of its larger customers.
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TradeChoice Carpet & Flooring has disclosed the terms of its buyout of Nottingham wholesaler T & R Floorcoverings Distributors for the first time.
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- TRADE & INDUSTRY
Furniture, furnishings and bed industry news in brief.
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Flooring retailer Carpetright's operations in the Netherlands have been acquired by its two seniormost local managers in a move that divorces the brand further from its U.K. travails.
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- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
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Half-year losses widened at flooring conglomerate Victoria after it wrote down the value of assets in its soft flooring and ceramics businesses by £120 million.
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The managing director of flooring distributor TradeChoice Carpet & Flooring has left the business for a new role elsewhere in the home interiors sector.
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Wider gross margin helped Luxury Flooring, one of the largest U.K. retailers in the ecommerce flooring space, to negate the impact of lower turnover through the 2023/24 period.
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- TRADE & INDUSTRY
Furniture and furnishings industry news in brief.
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Flooring conglomerate Victoria has sold Turkish ceramic tile manufacturer Graniser just over three years after it bought the business from an Austrian investment company.
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Flooring imports into the UK climbed in September despite a fifth straight slide in the carpet category. The increase was driven by higher shipments of vinyl and wood flooring.
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Shares in Victoria declined further last week despite the flooring conglomerate saying it believes demand is returning to the market and that it has plenty of time to secure an optimal refinancing of its debts.
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Flooring conglomerate Victoria's share price has fallen more steeply since the end of October with the price dropping close to a decade-long low.
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- RETAIL & DISTRIBUTION
The Carpet Foundation (CF) has made a renewed above-the-line marketing push, believing now is the right time to promote its roster of independent flooring retailers.
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Profits declined for the second straight year at Brookvale through 2023/24 as the large independent floorcoverings group absorbed higher costs.
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Major suppliers of smooth floorcoverings are among the largest creditors of International Decorative Surfaces (IDS), the diversified distributor that filed for insolvency earlier this autumn.
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- TRADE & INDUSTRY
Upholstery and flooring industry news in brief.
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The company behind historic manufacturing brand Axminster Carpets has signposted three board appointments as it looks to bounce back from another loss-making period.
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- RETAIL & DISTRIBUTION
National retailer Flooring Superstore built cash and returned to profit in the year to end July after the North East headquartered chain cut costs and found gross margin expansion.
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A third straight rise in vinyl flooring imports was not enough to lift the entire flooring category as weak figures in the carpets segment dragged the total down.
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North West underlay company acquired by Victoria-owned market leader Interfloor Group.
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- RETAIL & DISTRIBUTION
Furniture retail prices declined at their shallowest rate in 2024 so far in September but floorcoverings went the other way as deflation returned on weaker carpet pricing.
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The CEO of flooring conglomerate Victoria says the industry is experiencing its worst decline in three decades with the wider market materially below pre-pandemic levels.
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2023 profits at Tapi Carpets & Floors were almost double the amount disclosed by the retailer in a news release last month as a £7.8 million non-cash tax credit boosted its statutory figures.
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