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Executive forecast 2024: No signs of stopping resilient flooring

Floor Covering News

Dick Quinlan senior VP sales and marketing, Wellmade What is your projection for the category in 2024? Novalis is now supplying out of China, Mexico, Korea, Vietnam and the U.S. Continued market share—taking share like it is already doing with ceramic tile, hardwood, laminate—and developing new products and new innovations.

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Industry Disrupters 2022: Shattering the status quo

Floor Covering News

What’s more, this increased resilience was designed to outperform both v-groove and traditional ceramic grout applications in terms of wear and tear. Today, the group is led by Winters together with industry consultant and longtime FCNews columnist, Lisbeth Calandrino, as well as Rachel Berlin, sales manager at Precision Floors & De?cor,

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Exclusive: MSI sees opportunities amid challenges

Floor Covering News

Raj Shah, MSI co-CEO M S International, more commonly known as MSI, started making headlines about 15 years ago as an affordable source of ceramic tile and stone. Overall, sales growth was a bright spot. MSI, just like everyone, got over-inventoried because we assumed sales would continue to grow. That’s our expertise.

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Stats 2021: Laminate picks up right where it left off in 2020

Floor Covering News

The resurgent laminate flooring category continued on its upward trajectory in 2021 as sales reached $1.304 billion, FCNews research shows. That $1.304 billion also represents the highest level of laminate sales seen since 2006. In terms of sales, laminate represented just 4.9% in 2016; and 6.6% in 2011, FCNews research shows.

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MSI’s Shah outlines his strategy for success

Floor Covering News

Today, the company more commonly known as MSI is eclipsing the $2 billion mark in annual sales and leveraging that volume into providing more value to the end consumer. How does sourcing from countries beyond China and Vietnam benefit the retailer? We saw anti-dumping on quartz, we saw anti-dumping on ceramic tile.

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STATS: SPC segment continues to lead the charge

Floor Covering News

FCNews research shows the category generated $6.589 billion in sales (not including rubber) in 2020—an industry-leading 21.3% In terms of volume, the category accounted for 5.455 billion square feet (not including rubber) at the first point of sale, a 19.5% of sales vs. 2019’s 45.1%. Existing home sales grew to 5.64

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Industry disrupters 2024: Internal factors, external forces upend status quo

Floor Covering News

The segment posted astronomical gains year over year, beating out every other flooring category in terms of growth and stole share from carpet, hardwood, ceramic and laminate. retail sales often experience a noticeable dip during election years, as consumers curtail discretionary spending. Mohawk There’s no doubt that the U.S.