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.

Carpet Sells for $22,900 at Auction

Norwich, England, October 22--Two paintings expected to make the highest prices at a Norfolk auction were unexpectedly upstaged today – by a carpet, according to EDP24.

Leading Indicators Off for 4th Consecutive Month

New York, October 21-- The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased 0.2 percent and the lagging index remained unchanged in September.

Australian Tile Company Closing its Doors

Melbourne, Australia, October 20--Ceramic tile maker Johnson Tiles is closing most of its manufacturing operations in Australia, resulting in the loss of 60 jobs from its Bayswater factory in Melbourne's outer east.

Pakistan’s Q1 Carpet Exports Up 16%

Lahore, Pakistan October 19—Pakistan carpet exports in the first quarter (July-September) period of the current fiscal year have shown a substantial increase both in dollar and rupee terms as compared to the same period last year.

Stolen Carpet Returned to Museum

London, England, October 18---A carpet recently stolen from the Carpet Museum of Iran was discovered by the police near the museum in Tehran this week and returned to the museum, Mehr News Agency (MNA) reported.

Rising Kiwi Dollar Worries Feltex

NEW ZEALAND, October 13--Feltex Carpets says it made a $4.5 million profit in the three months to September 30 and is on track to meet its targeted net profit of $28.6 million for this financial year, according to www.stuff.co.nz

Bayer Preparing to Spin Off Lanxess Early Next Ye

Berlin, Germany, October 6-- Drugmaker Bayer AG on Wednesday announced plans to spin off chemicals and polymers business Lanxess at the beginning of next year, a move designed to help it focus on health care and other core activities.