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.
Philadelphia, PA, July 26--Even in this global economy, sometimes the cultural divide still separates East and West. Roy Maloumian understands the distinctions, and that understanding helps to drive his success, according to the Philadelphia Business Jour
Washington, July 26--The U.S. Consumer Product Safety Commission, in cooperation with the Pottery Barn announced a voluntary recall of a rug imported from India.
Carthage, MO, July 23--Diversifed manufacturer Leggett & Platt's second-quarter sales improved 21% to $1.28 billion from $1.05 billion, with acquisitions contributing 7% of the growth.
Manchester, NH, July 23--Carpet One has named Cindy Miller of Floor Design Gallery in Minneapolis, MN the winner of the second leg of the Triple Crown Challenge.
Federal Way, WA, July 23--Weyerhaeuser Co. reported Friday that second-quarter profit rose sharply on favorable market conditions for wool products and timberlands, as well as a robust housing market that drove real estate performance.
Trelleborg, Sweden, July 23—Pergo reported its results for the first six months of 2004. Sales during the period were SEK 1,417 M ($187.9M) (1,344), an increase of 13% compared with the year-earlier period after adjustment for currency effects.
Gandino, Italy, July 23--Italian company Radici Group has sold Aussapol to Portugese PET producer Selenis.
Brussels, Belgium, July 22--U.S. investor Platinum Equity won European Commission permission on Wednesday to purchase textile-dye firm DyStar from chemical firms Bayer BASF and Aventis' unit Hoechst.
New York, July 23--The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index held steady in June.
Hoffman Estates, IL, July 22—Sears reported quarterly profit that was well below Wall Street expectations because of poor spring clothing sales, and forecast weaker-than-expected full-year results.