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.

Floorcoverings chain Carpetright grew its top and bottom lines in the six months to end October against a backdrop of downsizing its UK store portfolio.

QuickStepHQMohawk Industries posted record third quarter profits thanks to the successful integration of acquisitions and gains made by new product lines.

Floorcoverings contractor Designer Contracts has relocated to two larger depots serving three key regions.

Carpetright CEO Wilf Walsh says early trading at its new concept stores has been encouraging as the retailer delivered half year growth against a backdrop of space rationalisation.

tapiUddingstonTapi Carpets & Floors will take store numbers to 20 with the emerging floorcoverings retailer revealing its next eight locations, including a first in Wales.

The Carpet Foundation is to simplify and focus its marketing message on its retail membership alone moving forward.

Two of Britain’s flooring superpowers—Amtico and Karndean—swept up a bigger share of the market in 2014 as consumer demand for luxury vinyl soared.

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