Articles
Cersaie 2023 Attendance Up 9% to 99,300
The 40th Cersaie, the International Exhibition of Ceramic Tile and Bathroom Furnishings held in the Bologna exhibition center from September 25 to 29, registered 99,319 visitors over the five days of the show, an increase of 8.8% compared to last year’s edition. Read More
Expanding Options
Flooring suppliers are truly taking their global sourcing operations worldwide. As the Uyghur Forced Labor Prevention Act (UFLPA) continues to cause massive disruptions to the importation of flooring products, particularly the most popular segment, luxury vinyl tile (LVT), manufacturers are proactively searching for new sourcing alternatives, spanning the globe from India to Mexico. In addition, many are significantly expanding their U.S. manufacturing operations. Read More
Mohawk Advised to Discontinue ‘Misleading’ RevWood Product Claims
The National Advertising Division (NAD) is recommending Mohawk discontinue two “misleading” claims regarding the promotion of its RevWood laminate flooring product. The claims include, “Wood Without Compromise” and “The Perfect Wood for Your Home.” Read More
Imports of Ceramic Decline Slightly, Vinyl Sharply in June
"Ceramic Imports Showed a Modest Decline: Overall ceramic unit imports decreased 5.2% year over year (y/y), moderating from sharper declines earlier in the year, for units down 6.1% year- to-date. Read More
India Led Ceramic Imports to the U.S. In First Half of 2023
For the first time, India became the largest ceramic tile supplier of the U.S. by units in the time period between January and June, reports Grosser Associates. Read More
U.S. Customs Continues to Block LVT Shipments from Asia
Importing LVT from Asia continues to be a source of frustration for several major importers, as roughly $200 million (at wholesale value) has been either quarantined or returned to the sender. Read More
LL Flooring's Net Sales Declined 20.9% in Q2, Earnings Down 17.8%
LL Flooring reported net sales of $236.4 million for Q2 2023, a decrease of 20.9% from Q2 2022’s $299 million, driven by a decrease in transaction count reflecting by lower spending by consumers and pros. Read More
The Tile Shop Sales Down 8.4% in Q2, Earnings Down 26.5%
The Tile Shop reported net sales of $98.6 million for Q2 2023, an 8.4% decline compared to sales of $1.08 billion for Q2 2022. Sales decreased at comparable stores by 8.0% during the second quarter of 2023 compared to the second quarter of 2022, primarily due to a decrease in traffic, which was partially offset by an increase in average ticket value. Read More