Chain Store Sales Off Last Week
New York, NY, October 25, 2005--Chain store retail sales fell in the latest week, as sales were mixed and consumer demand for fall apparel slowed.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Forbo 3Q Sales Up
Eglisau / Zurich, Switzerland, October 25, 2005—Forbo, in the first nine months of the current business year, recorded sales of CHF 1,266.6 million (US$ 986.7 million).
U.K.’s Carpetright Sees Falling Sales
Rainham, England, October 25, 2005— Britain's biggest carpet seller, Carpetright posted a 6.7% drop in first-half underlying sales on Tuesday as shoppers kept their wallets closed and higher spending on promotions trimmed margins.
Intellectual Property Lawsuit Worrying Chinese Lam
Beijing, China, October 25, 2005--Ni Zhengluo, a manager with Furen Laminate Flooring in East China's Fujian Province, is anxious about next year's sales to the United States because of an intellectual property rights infringement lawsuit filed ba
Consumer Confidence Unexpectedly Falls
New York, NY, October 25, 2005 -- Already battered consumers have lost even more confidence in the economy during October as they contended with hurricanes, surging gasoline prices and worries about the job market.
Longevity Low-Moisture Carpet Cleaner Awarded CRI
Minneapolis, MN, October 24, 2005--Inside Edge Commercial Interior Services announced today that the Longevity Low-Moisture Carpet Cleaner has earned the seal of approval by the Carpet and Rug Institute (CRI).
Domotex asia / ChinaFloor 2006 95% Booked
Shanghai, China, October 24, 2005--The flooring market has put a great deal of trust in the coming edition of Domotex asia / ChinaFloor (DACF) which will be held from March 28-30, 2006.
63% of Iran’s Hand-Woven Carpets Exported to Germa
Tehran, Iran, October 24, 2005--In the first half of this year, Iranian hand-woven carpets worth $197,141,000 have been exported abroad; 63% have been sent to Germany and the United States.
Economy Casts Cloud Over High Point
High Point, NC, October 24, 2005--Furniture and craft makers at a big trade show this week were cautiously optimistic that their industry can weather uncertain times as higher energy costs and rising interest rates threaten to constrain consumer spending
cmi Announces Joint Venture with AMS Imports
Pawtucket, RI, October 24, 2005--cmi (Colonial Mills, Inc.), a manufacturer of a complete line of braided-texture area rugs and accessories, has entered into a joint venture with AMS Imports, Inc. of Amherst, Massachussetts.