by Louis Iannaco
As the third quarter of 2012 came to a close, FCNews spoke with major players in the carpet industry regarding business, particularly this year’s challenges, consumer trends, technological advances, and predictions on how the year will finish up along with projections for next year.
The general consensus is a familiar story, for the most part: Sales are neutral or flat overall with some small spurts and the potential for growth in the future. Mohawk’s president of residential and commercial, Tom Lape, said, 2012 has not lived up to the anticipated demand the industry thought it would see. “Business began a little stronger in the early part of the year, but that momentum has not sustained from an overall perspective.” Continue reading State of the industry: Carpet pulse leaves room for growth
by Celia Payne
Las Vegas—Surfaces 2012 presented the opportunity to shine—even brighter than the Vegas strip. The successful protagonists at the show know you must set yourself apart among a sea of introductions. Continue reading What happens in Vegas shouldn’t stay in Vegas
Carpet mills continue to invest in technology, hope for a turnaround
By Louis Iannaco
In broadloom, it continues to be about the housing market and, according to mill execs, jobs. 2011 can best be described as flat, and as for what executives see for 2012, all indicators continue to point to housing/the economy and unemployment as key indicators for the category’s health.
This is not to say mills have not invested in themselves, and plan to do so in the coming year with technology and social media playing major roles. A light at the end of the proverbial tunnel continues to be commercial, which once again fared better than residential. Continue reading Executive forecast: Carpet mills continue to invest in technology, hope for a turnaround