Flooring Industry News December 2022
Welcome to our UK flooring news round-up for December 2022 – a great way to keep up to date with all the latest news, views and commentary for the flooring industry and business owners. To keep on top of all the latest industry news why not follow our LinkedIn page – we always post interesting news stories and article links on our page.
Q4 flooring sales are mixed
According to the most recent retail sales figures for flooring, the final quarter has started slowly in the run-up to Christmas, with a 9% decrease in value from the previous month.
According to data from the Office of National Statistics, retail flooring sales for October were $245 million; while this is 9.34% down from September’s level, it is more than 13% higher than it was at the same time last year.
The current rate of price inflation in the flooring industry is roughly 9%, thus the month-to-month fall in value hides a more significant decline in volume.
Read the article in The Stocklists.
Flooring distributor reports 28% lift in Q4 sales
The latest in a string of encouraging statistics from the flooring industry during the crucial pre-Christmas shopping season is that flooring distributor Likewise has announced a 28% increase in Q4 sales thus far.
Like-for-like sales climbed by 39.0% in the first quarter of 2022, 18.4% in the second and 21.8% in the third. For the current quarter, sales in October and November indicated an increase of 27.7%.
Despite the current difficulties, leading flooring companies have reported solid trading over the past two weeks.
Read the article in The Stocklists.
RPI in the flooring sector still climbing
Even while costs are beginning to somewhat decline across the board for furniture, retail price inflation is still increasing in the flooring industry.
It was anticipated that inflation in the flooring retail sector would stabilise, but according to the most recent Office for National Statistics (ONS) data, it increased by 0.6% from 8.7% in October to 9.3% in November.
Read the article in The Stocklists.
CFA Guide to Sustainability 2022/23
Richard Catt, the chief executive officer of the Contract Flooring Association (CFA), introduces the 2022 CFA guide to Sustainability. The contract flooring association can be proud of its work to date on sustainability, he says, but there is much more we need to do before we can say with confidence that we have played our full role in the collective effort to avert climate catastrophe.
Read the guide on the CFA website.
FURTHER READING
We hope you enjoyed our flooring industry news roundup. We have a huge luxury vinyl flooring range which can be found on these links:
Deep Emboss is our biggest range which gives the look of real wood.
Another very popular range, Herringbone takes smaller tiles from our most popular colours and uses them to create a parquet-effect flooring.
The Tick Finish vinyl flooring range is all about a finer grain for a subtler finish.
The Stone & Granite range delivers the feel of real stone and granite with a refined texture.
With the Shale Finish range, a natural slate-effect is represented with a generous range of colour options and textures.
If you are looking to recreate an old-style distressed wooden flooring look then the Hand Scraped range is perfect.
Our Victoriana collection recreates the iconic British Minton design classic that has been around since the 1800’s.
The Prima range from Ambiance is our entry level LVT. This product delivers a living surface finish that looks and feels great whilst meeting the most challenging budget.
Remember, follow us on LinkedIn to keep up to date with the latest flooring industry news.
