Good Fashion Fund Partners with Sharadha Terry for New Rugs Unit

ANDMORE Introduces Strategic Support Initiatives Amid Economic Shifts

Natco Home Group Acquires Orian Rugs Brand

The Orian brand will be marketed and serviced through Natco Home’s area rug division, Central Oriental Rugs, with both companies at their respective High Point showrooms to facilitate the transition.

Kas Halts Production on Rug Collections Made in China

Kas informed its clients that it is halting production on three collections imported from China.

Momeni Celebrates 50th Anniversary in 2025

RugNews.com sits down with the Momeni brothers who reflect on the company's legacy and what the future has in store as they commemorate 50 years in business.

Trans-Ocean Purchased by Lush Decor, First Coordinated Products Unveiled at NY Market

Trans-Ocean has been acquired by home textiles maker Lush Decor and buyers at NY Home Fashions Market previewed the first rugs and mats of the alliance.

Import Cargo Levels Continue to Rise Amid Uncertainty over Tariffs

Amid continuing tariff turmoil, imports at the nation’s major container ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer.

Great Lakes Capital & NFM Announce 300-Key Highly-Curated Full-Service Marriott Hotel Development in Cedar Park Texas

Indiana-based Great Lakes Capital, in partnership with Nebraska Furniture Mart and the City of Cedar Park, announces the signing of an agreement for a new full-service Marriott hotel.

Karastan Halts Domestic Production of Area Rugs, Continues Shift Overseas

All Karastan area rug production will be overseas with a Turkish partner modifying looms to make existing bestsellers like Spice Market, and new collections will be developed and woven in Turkey and India.

Snap Survey: Rug Execs Encouraged Heading into 2025

Rug executives at the upcoming Las Vegas Market forecast a strong 2025 kick off with the expectation that rug buyers will be heading to Vegas to refresh their offerings.

Import Cargo to Remain Elevated in January

The nation’s major container ports continue to see a surge in imports that is expected to continue because of potential increases in tariffs.

Import Cargo Rising as Higher Tariffs and Potential Port Strike Approach

With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major ports are expected to see a continued surge in imports.

STARK Continues Showroom Expansion Strategy, Acquires Location in Denver

STARK acquires CPA Carpets in Denver bringing its total to 25 domestic to-the-trade showroom locations.

Kravet Acquired by Private Equity Firm Dunes Point Capital

Dunes Point Capital, a private equity firm, has acquired Kravet, a to-the-trade home furnishings, distributing fabric, furniture, wall coverings, trimmings and carpet under the Kravet, Lee Jofa, GP & J Baker, Brunschwig & Fils and Donghia brands.

High Point Market Snap Survey: Rug Execs Cautiously Optimistic Heading into 2025

Rug executives presenting their final assortments to retail buyers at the fall 2024 edition of High Point Market expect a modest uptick in the final months of the year and an improved 2025 business climate.

Ethan Allen’s Western North Carolina Distribution Center Begins Recovery Process Following Hurricane Helene

Ethan Allen announces a distribution center located in Old Fort, North Carolina, was recently impacted by the significant flooding caused by Hurricane Helene.

Rugs USA Announces Shuttering of Annie Selke HQ and Stores

Rugs USA, which recently acquired Annie Selke Cos, announces it will shutter the textile brand's headquarters and stores.

September Import Cargo to Remain Elevated Ahead of Possible Port Strike

The nation’s major container ports are expected to see another busy month in September ahead of a potential labor strike at East Coast and Gulf Coast ports

Surya Announces Early Access To Iconic Mitchell Gold + Bob Williams Collections

Surya announces that it has reopened the North Carolina facilities of its iconic Mitchell Gold + Bob Williams brand upholstered furniture, which relaunches with a curated selection of designs.

State of the Industry: Rug Execs Share 2024 Expectations, Strategies

Area rug executives surveyed by RugNews.com report on the state of the industry, how they are coping with choppy waters and the bright spots to keep an eye on.