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23rd March ‘09 - Allied Carpets is SOLD.
Posted on Monday March 23rd, 2009 at 5:32pm
 

The UK's second-largest flooring retailer Allied Carpets has been bought by offshore investment fund Sigma Capital Investments for an undisclosed amount.

The 218-store carpet retailer is likely to want to close some stores. In 2007, Allied Carpets made an operating loss of £6.8 million

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20th March ‘09 - £3.8 Million for 150 year old carpet.
Posted on Friday March 20th, 2009 at 2:37pm
  The carpet was originally commissioned around 150 years ago to furnish the tomb of the Prophet Muhammad in Medina which has just sold for just over £3.8m in Doha.

The bidding started at £3m but the starting as there were not few enough original takers for the bidding.

The carpet is called Pearl Carpet of Baroda, which was created using an over two million natural seed pearls.and has hundreds of precious stones, diamonds, sapphires, rubies and emeralds.
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Archive News

March, 2009 (03)
February 2009 (02)
January, 2009 (01)

 

 
 
9th March ‘09 - Carpet sale old school.

Posted on Monday March 9th, 2009 at 1:15pm
  On March 9th 1946, 63 years to the day East Londener’s decide to have a carpet sale at a market stall on a bombsite. London County Council rebuilt the area, notorious for poverty and overcrowding.

Showing the strength and diversety of the people in wartorn London throughout this awful period of history.
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2nd February ‘09 - Carpet recycling on the rise.
Posted on Monday Feb 2nd, 2009 at 12:31pm
  Carpet Recycling UK was setup in March 2008 and is backed by a group of UK carpet manufacturers and suppliers to the retail sector. Its main mission is to get the used carpets away from local landfill’s.


Their target is to recycle 20,000 tonnes of carpet per year by mid 2009, we hope they acheive this.

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3rd February ‘09 - Carpetright see 9% fall in profits.
Posted on Tuesday February 3rd, 2009 at 2:21pm
 

Carpetright publised results in January 2009 for its Interim Management Statement which showed group sales decreased by 9.0% for the 13 weeks to 31 January 2009.

Lord Harris, said: "The UK trading environment is more difficult than at any time in my working life”.

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