Floor Covering News
AUGUST 30, 2023
What about the war in Ukraine? It’s a really unfortunate circumstance for the people of Ukraine, and we as a company continue to stand by them. We were buying both ceramic tile and pavers from Ukraine. For ceramic tile, a lot of clay used to come from Ukraine. Has that forced you to pivot?
Floor Covering News
DECEMBER 16, 2022
With the issues in Europe as it relates to the Ukraine conflict, we see ongoing supply chain disruption as it relates to ceramic tile. It is expected that this trend will continue, especially if demand declines due to economic conditions. What other challenges must the category face in the coming year?
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Floor Covering News
JUNE 29, 2023
Due to the large increases in freight rates and the Ukraine crisis, which affected raw material and natural gas costs, we saw large increases in the overall cost of ceramic tile,” Raj Shah, president of MSI, told Floor Covering News. Home trends spurred by the pandemic also continue to be a boon for the tile flooring category.
Floor Covering News
JUNE 13, 2022
D espite all the challenges facing the commercial contract market today—the residual effects of the pandemic, sky-high inflation, ongoing supply chain challenges and the war in Ukraine—key end-use sectors for commercial flooring are showing signs of recovery, stimulating hope that market conditions will improve in the second half of 2022.
Floor Covering News
AUGUST 22, 2022
Despite what the White House may lead you to believe, inflation is not happening because Russia invaded Ukraine. Inflation was already at 7% before Russia invaded Ukraine. . It compounded some of the slowing growth we are seeing now. It just added to inflation. Russia is overrated. They are like the Notre Dame of geo-politics.
Floor Covering News
JULY 1, 2022
The category has lost share to the growing temptations of the resilient rigid core category and that trend is likely to continue with ceramic’s high cost of entry and immense labor charges/challenges. For MSI’s Shah, the trend isn’t as detrimental as it may seem—the two flooring materials can (and should) work together.
Floor Covering News
MARCH 31, 2022
No one can predict the precise impact of inflation, the course of the war in Ukraine or the impacts of the lingering supply chain issues, but these flooring retailers, among the best and brightest in the country, understand that efficiency and profitability go hand in hand in today’s unpredictable climate. over the first 10 weeks of 2022.
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