Kährs Q2 Sales Down 24% on Loss of $2.7 Million
Malmö, Sweden, August 25, 2025—Kährs' Q2 2025 sales were $53.4 million, which was a decrease of 24% from $70.5 million in Q2 2024.
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.
More Homeowners Undertaking Home Improvement Themselves
New York, NY, August 25, 2025—The percentage of homeowners completing home improvement projects has risen in the past few years, reports the Wall Street Journal.
U.S. Tariffs On Chinese Imports on Hold Until November 10
Sterling, VA, August 22, 2025-"On August 12, President Trump signed an executive order that will hold the U.S. reciprocal tariff rate on Chinese imports at 10% through November 10, while negotiations continue,” reports Decorative Hardwoods Association.
Dixie Group Announces Price Increases on Imported Products
Dalton, GA, August 22, 2025-The Dixie Group released the following price increase statement,
Bona Opens New Training Center in Rancho Cordova, California
Englewood, CO, August 22, 2025—Bona—a global, family-owned company that supplies products for installing, renovating, maintaining and restoring premium floors—has opened a Bona Regional Training Center in Rancho Cordova, California.
Marie Moore, Director of Design for EF, Has Died
Ringgold, GA, August 22, 2025—Marie Ume Moore, 47, director of design for Engineered Floors, died August 8.
AHF to Close Somerset, Kentucky Hardwood Operations
Mountville, PA, August 20, 2025-In a strategic move to streamline operations and strengthen its long-term position in the flooring market, AHF Products, a U.S. manufacturer of hard surface flooring products, announced it will wind down production at its Somerset, Kentucky facility by December 12, 2025.
Existing-Home Sales Up 2% in July, Inventory at Five-Year High
Washington, DC, August 21, 2025—Existing-home sales increased by 2.0% in July, according to the National Association of Realtors Existing-Home Sales Report.
July Total Construction Starts Down 10.2% on Nonresidential Weakness
Boston, MA, August 22, 2025—Total construction starts were down 10.2% in July to a seasonally adjusted annual rate of $1.19 trillion, according to Dodge Construction Network.
Lowe's to Acquire Foundation Building Materials
Mooresville, NC, August 21, 2025-Lowe's has entered into a definitive agreement to acquire Foundation Building Materials (FBM) for approximately $8.8 billion.