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9th November '09
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Victoria Carpets reports just over 80% drop in profits.
Posted on Monday November 9th, 2009 at 3:43 PM
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Reports suggest that the actual figure is around 84%, and is being put down to the adverse market conditions, and the most effected areas being Ireland and Canada.
The UK has not been as poor, with revenue down just over 10%, from £12.44 million to £11.1 million.
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6th November '09
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Ulster Carpets set to expand.
Posted on Friday November 6th, 2009 at 1:58 PM
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Ulster is looking to expand in to the Middle East as part of an effort to drive new markets for the company.
Ulster employs around 400 people, and has invested in some new offices in Dubai to manage the growth. Elaine Patterson at Ulster Carpets commented that Ulster Carpets has always been a global leader in the luxury hotel sector, given their ability to produce high quality, flooring solutions this sounds like a great push.
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3rd November '09
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Carpetright stands to benefit from Allied down size.
Posted on Tuesday November 3rd, 2009 at 4:34 PM
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The low performance and downsizing of its main competitor Allied Carpets should drive sales growth for Carpetright.
It is expected to acquire about 30% of the 50 stores available after the failure of its biggest rival Allied Carpets.
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