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.

Centex 2Q Earnings Up, Raises Outlook

Dallas, TX, October 26, 2005--Centex Corp. topped quarterly earnings forecasts late Tuesday, raising its 2006 earnings estimates on the strength of its latest results and backlog of homes awaiting construction.

CPSC, Hellenic Rug Announce Recall of Shag Leather

Washington, DC, October 26, 2005--The U.S. Consumer Product Safety Commission, in cooperation with Hellenic Rug Imports Inc., of Brooklyn, N.Y., today announced a voluntary recall of Hellenic's Shag Leather Rugs.

Domotex Launches Carpet Design Awards with Hali an

Hannover, Germany, October 26, 2005--Domotex organizer Deutsche Messe AG (DMAG) has partnered with the magazines HALI and Modern Carpets + Textiles (MCT) to launch at Domotex Hannover 2006 the Carpet Design Awards (CDA).

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.

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).

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

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.

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.