Flooring market leader Carpetright has challenged the use of imperial measurements to create the impression of bigger savings in promotions by rival retailer United Carpets.

The Carpet Foundation, the industry funded body that promotes the sale of carpet in the UK, has formally applied for alternative dispute resolution (ADR) approval.

British trade carpet buyers built inventory of Belgian-made products as the third quarter began but the uplift could be short-lived.

Flooring wholesaler Headlam Group is to acquire tile distributor and contract specifier Domus Group in a deal worth up to £35.4 million.

Long-term backer Business Growth Fund (BGF) has exercised its outstanding share options in Victoria, the expanding floorcoverings group.

tapiWickesAylesb 2017
Photograph: Tapi Carpets & Floors
Tapi Carpets & Floors has opened a concession unit inside home improvement retailer Wickes, a first for the expanding floorcoverings specialist.

Chairman Geoff Wilding has highlighted the flexibility of Victoria's cost base, saying the flooring group could quickly cut costs if conditions dictated.

Sales and profits advanced in a strong year for regional floorcoverings retailer Calverts Carpets in the 12 months to end January 2017.

kerabenFW
Keraben generated revenue of €118.3m in 2016
Floorcoverings distributor Victoria has agreed to buy Spanish floor and wall tile maker Keraben Grupo in a deal worth €274.1 million (£246.5m).

Acquisitive flooring group Victoria yesterday confirmed it is evaluating a takeover of Spanish tile maker Keraben Grupo in a move that would further build out the size of the business.

Falling network sales weighed on profits at the franchisor behind the predominantly South East based Carpets 4 Less chain in the year to end January 2017.

Mohawk Industries, the biggest flooring company on the planet, said the division taking in its European business experienced 'dramatic' growth during the third quarter.

Victoria will pay up to €56.5 million (£50.4 mill) to acquire tile maker Ceramiche Serra is a move that expands the Kidderminster group's offer in hard flooring.

Carpetright sales advanced in the past six months with higher flooring sales offset by falling bed revenues, the result of its decision to re-range the offer.

Emerging retailer Tapi Carpets and Floors will reach 93 stores by the end of 2017 as it continues to roll out across the UK and pile pressure on its rivals.

Major flooring suppliers Amtico and Karndean outperformed the both the wider flooring market and the LVT sub-sector in 2016, grabbing a larger share.

SITE consolidation boosted profits at the group behind the Ryalux and Burmatex carpet brands in the year to end June, offsetting lower sales.

THE VALUE of carpet imports from Belgium has turned negative for the first time this year in a sign that rising prices are beginning to take effect.

HEADLAM has disclosed the sale price for the Mitchell Carpets and McMillan Flooring Distributors businesses it acquired during the first half of 2017.

FLOORCOVERINGS wholesale group Headlam says it will next month introduce another series of price rises to reflect its own supplier inflation.

CARPET imports into Britain reached £448.7 million for the first six months of 2017 after a 7.4 percent rise in the value of goods brought in during June.

ULSTER Carpets has disclosed the sale price for its acquisitions of flatweave carpet maker Roger Oates and equipment maker Griffith Textile Machines.

ULSTER Carpets says the fall in the value of sterling has been beneficial in the short term as the manufacturing group posted growth for the year to end March.

THE VENDOR of Carpet & Flooring, one of the UK's largest floorcoverings distributors, has disclosed the full year sales of the offloaded wholesale business.

SWISS manufacturer Forbo Flooring Systems increased sales 1.7 percent to 415.9 million francs (£327 mill.) in the first half of 2017, rising to 3.6 percent growth in local currencies.

THE WORLD'S largest floorcoverings supplier says it will implement price increases after profits at its European and other international divisions were impacted by rising costs.

PROFITS halved in 2016 for North West carpet maker Cavalier as costs increased and two years of successive top line growth came to an end.

FLOORING supplier Forbo Flooring Systems has booked a one-off provision of around 85 million Swiss francs (£68.9 mill.) following a long-running antitrust investigation.

ACQUISITIVE flooring maker and distributor Victoria Plc doubled profits as revenue jumped more than 29 percent to £330.4 million in the year to April 1.

FLOORING and beds franchisor United Carpets Group Plc is on the hunt for new stores in more upmarket locations as it looks to trade up.

BRINTONS has a new U.S. private equity backer after the heritage carpet maker was sold by The Carlyle Group to funds advised by Argand Partners LP.

Cormar, Britain's largest privately-owned carpet maker, said it consolidated in 2015–16 after two straight years of double-digit growth.

victoriaThFLOORCOVERINGS group Victoria Plc has acquired Millennium Weavers Europe, a Belgian carpet maker that sells almost exclusively to the British market.

VictoriaWhitestoneVICTORIA Plc is to consolidate its manufacturing operations, turning its Kidderminster factory into a distribution facility and shifting production to two other group sites.

YEAR-to-date figures go negative for the first time this year.

To Read The Full Story: