Mohawk Purchases European Vinyl Company for $1.2B

Mohawk Industries

CALHOUN, Ga.-Mohawk Industries has entered into a definitive agreement to acquire the IVC Group, a leading manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate based in Belgium. Mohawk is acquiring IVC for approximately $1.2 billion through a combination of cash and equity. The purchase will expand Mohawk’s position as a leading global flooringMore »

Last updated: January 14, 2015

Heimtextil Exhibitor Count Gains


FRANKFURT, Germany-The exhibitor count for Heimtextil, which opens today, totals 2,759, up 45 from last year’s show and the largest number of exhibitors in years, according to Messe Frankfurt, which owns and organizes the textiles trade fair. Those exhibitors come from 68 countries, up from 62 countries last year. Detlef Braun, member of Messe Frankfurt’sMore »

Last updated: January 14, 2015

Arteriors Expands Sales Team with Three Appointments


DALLAS-Luxury lighting, furniture and home decor company Arteriors has appointed three sales executives: Ben Howard has been named national sales manager of lighting, Jim Bindman vice president of sales of the Arteriors Contract division, and Kevin Reilly international sales manager. “As Arteriors continues to expand our presence into new markets—both internationally and domestically—it’s a naturalMore »

Last updated: January 14, 2015

Wayfair to Honor Emerging Interior Designers

BOSTON-Wayfair Inc. (NYSE:W) has debuted its Trade Tastemaker Awards to honor the top emerging talent in interior design across a range of aesthetics. Wayfair will name one design professional as the 2015 Designer of the Year and recognize one top designer in each of the following categories: Rising Star, Best Design Innovator, Best Use ofMore »

Last updated: January 14, 2015

MasterCard Exec: Home Sector to Benefit from Greater Consumer Spending

Sarah Quinlan

NEW YORK-Declining unemployment and other factors fattening individual wallets could help the home furnishings sector, among other product categories, in 2015, according to Sarah Quinlan, MasterCard Advisors’ senior vice president of market insights. Speaking at last night’s 25th annual Finance CEO Forum, Quinlan said home products have already benefited from factors such as more jobs,More »

Last updated: January 14, 2015

Safavieh to Debut Mattresses at Las Vegas Market


PORT WASHINGTON, N.Y.–Safavieh will introduce mattresses at the Las Vegas Market, scheduled for Jan. 18-22. The initial Dream Bed collection includes four designs, each available in twin, full, queen and king sizes. All sizes are UPS-shippable and engineered to fit into a package the size of a golf bag. All designs feature encased coil mattressesMore »

Last updated: January 13, 2015

Libby Langdon Set to Make Dallas Market Appearances

Libby Langdon

DALLAS-Designer, author and TV personality Libby Langdon will be on hand at several events during this week’s Dallas Total Home & Gift Market, which includes Dallas International Lighting Market. Tomorrow, Jan. 14, Langdon will be in the Crystorama showroom (Trade Mart, 3503) from 4-6 p.m. for a reception celebrating the company’s expanded space. She willMore »

Last updated: January 13, 2015