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01st August 2022

Flooring Industry News July 2022

Written by jonathon bright
ambiance vinyl flooring

Welcome to our UK flooring news round-up for July 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.

THREE MONTHS TO THE FLOORING SHOW 2022

For three days of business and networking, the Harrogate Convention Center will be available to guests from September 18 through 20. This year also marks the 60th anniversary of the occasion, which honours the UK’s biggest flooring industry trade exhibition.

With less than three months before the start of The Flooring Show, exhibitors are getting ready to present brand-new and cutting-edge collections of carpets, LVT, rugs, tiles, vinyl, and much more. For the greatest exhibition on the calendar for the sector, it is a must-attend occasion that will bring together contractors, manufacturers, suppliers, and retailers.

Read the article in the Contract Flooring Journal


FLOORING INFLATION LATEST

The most recent data from the ONS, which indicate a minor increase of 0.2 percent to 8.3 percent for June, reverses the temporary pause in the rise of flooring inflation that occurred in May.

Floor inflation was over 9 percent earlier this year, so May’s 8.1 percent suggested the trend had peaked, but this no longer seems to be the case.

Read the article in The Stocklists.


CONSUMER CONFIDENCE LEVELS OUT

The historically low consumer confidence levels have finally stabilised, giving flooring sellers a glimmer of hope.

According to the GfK Consumer Confidence Index, despite the cost-of-living and inflation problem, overall consumer confidence in the UK has remained stable at a historical low of minus 41.

Although it’s still in extremely negative territory at minus 26, researchers claim that people’s confidence in their own financial status for the next 12 months increased by two points.

Read the article in The Stocklists.


STOCKLISTS READER SURVEY

Retailers are prepared for the volatile market conditions to turn against their industry later this year when the pandemic’s positive effects are reversed by the cost of living problem.

In a reader survey we conducted in mid-July, 70% of respondents predicted that this year’s sales would fall short of those of 2021 by year’s end, and 63% said that they would fall short of the “average” year of 2019.

Of those, 19% anticipate a decline in sales of more than 10%, while a further 14% anticipate a decline of more than 20%.

Only 27% of retailers expect this year to be better than 2021, and our figures suggest that while they had a good first half, they are less optimistic about the second half. The period of pent-up demand, according to 52% of respondents, is over.

Read the full report in The Stocklists.


BIG BRANDS AND NEW NAMES

From September 18 through 20, the Harrogate Convention Center will be open to guests for three days of meetings and networking. This year also marks 60 years of the yearly celebration of the biggest expo for the UK flooring sector.

The Flooring Show will open in just under three months, and exhibitors are getting ready to present fresh, cutting-edge collections of carpets, LVT, rugs, tiles, vinyl, and much more. Anyone working in the sector must attend this event, which will bring together contractors, manufacturers, suppliers, and retailers for the largest expo of the year.

“We are thrilled to be introducing many new exhibitors to Harrogate for the first time,” said Suzy Makin, sales manager.

Read the full report in the Contract Flooring Association.


FURTHER READING

We hope you enjoyed our flooring industry news roundup. We have a huge luxury vinyl flooring range which can be found on this link.

Remember, follow us on LinkedIn to keep up to date with the latest flooring industry news.

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