ulsterGenMANUFACTURER Ulster Carpets returned to growth in the year to end March with sales rising 6.4 percent including high demand for residential axminster products.

DIVERSIFIED floorcoverings supplier Mohawk Industries Inc. says it will commit $600 million (£458 million) to capital projects through 2016 as it builds capacity at its worldwide production facilities.

WOOD flooring importer and wholesaler V4 bucked the market to grow its share of the smooths sector in 2014–15 as it laid the groundwork for national expansion.

CarpetrightWilfWalshTHE CEO of flooring market leader Carpetright says excitement in its modernisation programme is building as it upgrades its store estate after “years of under-investment” by predecessors.

gWildingVictTHE EXECUTIVE chairman at flooring group Victoria Plc has dismissed suggestions that Brexit is bad for business and says its carpet businesses can take share off the Belgians and Dutch.

tapiFasciaEXPANDING floorcoverings chain Tapi Carpets and Floors has raised more capital from investors and separately drafted in another high-profile Carpetright executive.

carpetrightStoreFLOORCOVERINGS specialist Carpetright Plc says it will refurbish nearly a quarter of its UK store network over the next year as it rolls out the best of its store format pilots.

CARPET imports into Britain jumped 6.2 per cent to £206.5m in the first quarter of 2016, buoyed by higher shipments from France and emerging economies.

The world’s largest flooring company said European consumers traded up to boost global sales and profits to record levels in the first quarter of 2016.

Carpetright CEO Wilf Walsh says its new retail concept pilots are outperforming its legacy store format and will be rolled out across the country.

Carpet and flooring group Victoria PLC says its has ceased sale talks with the owners of Lano Carpets and is turning its attention to other targets elsewhere.

Floorcoverings contractor Designer Contracts has made three managerial appointments, including two external hires and a promotion.

Floorcoverings group Victoria PLC says profits will be “materially ahead of consensus market expectations” for its 2015–16 financial year as it made more of synergies from acquisitions.

Flooring giant Headlam said its UK operation outperformed the market in 2015 as profits jumped by almost a fifth.

tapiNewMaldenFloorcoverings retailer Tapi Carpets & Floors will pass 30 stores with openings in the next few weeks, and has named another 16 locations where it plans to open this year.

Major floorcoverings contractor Designer Contracts says building distribution capacity has helped it meet rising demand, with revenues up 14 per cent in 2014–15.

Floorcoverings retailer Carpetright grew like-for-like sales over the Christmas and January sale period. It also said it is selling a greater proportion of beds, impacting margin.

Kidderminster carpet producer Brockway invested heavily in 2014–15 with the company maintaining revenue and cutting its pre-tax deficit.

Floorcoverings retailer Topps Tiles grew sales by 4.4 per cent in the 13 weeks ended 2nd January, with revenue growth escalating in the past month.



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