ABC Carpet & Home opens new store in Greenwich, USA

New York’s renowned home furnishings and rug retailer, ABC Carpet & Home, is expanding. In addition to its flagship store on Broadway in Manhattan and an outlet in Brooklyn, the company is now opening a new location in Greenwich, Connecticut. The new store at 181 Greenwich Avenue spans two floors and offers nearly 1,200 square metres of rugs, furniture, lighting, home accessories, and vintage jewellery.

Poland: XXXLutz acquires full ownership of BRW Group

The XXXLutz Group has agreed to acquire the remaining 50% of BRW Group, making it the sole owner of the Polish furniture retailer and manufacturer. The transaction is subject to approval by the competition authorities.

Belgian home furnishings chain Casa files for insolvency

The Belgian home furnishings chain Casa has filed for insolvency. The company had already been granted creditor protection at the end of October but was unable to find a viable solution. In Belgium, 63 stores and the distribution centre in Olen will close, affecting a total of 544 employees.

Oriental Weavers increases revenue and profit

Oriental Weavers reports strong growth in its 2024 annual report: The Egyptian carpet manufacturer achieved revenue of EGP 24.3 billion (approx. EUR 440 million) – an increase of 38% compared to the previous year. Growth was primarily driven by international markets, which grew by 42% and accounted for 66% of total revenue. In Egypt, revenue rose by 28%. The woven rugs segment, which represents the largest share of the business, grew by 33%.

Bolia opens new store in Bonn (Germany)

Danish interiors brand Bolia is continuing its expansion in Germany and will open its 24th store in the country in March 2025. The new location in Bonn will also be its 94th worldwide. The store spans 500 m² across the ground and lower ground floors at Dreieck 3 – in a central location and just a short distance from the Rhine.

Q4: Rugvista reports 5.4% revenue growth

Swedish online rug retailer Rugvista has published its financial report for the fourth quarter of 2024. Revenue increased by 5.4% to SEK 246 million (approx. EUR 22 million), marking the highest quarterly result in the company’s history. Organic growth stood at 4.9%. The number of orders rose by 17% to 118,600, while 87,400 new customers were acquired.

Migros: Management Buyout at Micasa

Swiss retail group Migros is discontinuing its specialist retail chains Micasa and Do it + Garden. While no buyer has been found for the home improvement and garden stores, the furniture and homeware chain Micasa will continue through a management buyout.

More Details on Domotex’s New Concept

As Carpet Home has already reported, Domotex will be held every two years from now on, with the next edition taking place from 19 to 22 January 2026 under an expanded concept. Further details have now been announced. Under the theme “Home of Flooring and Interior Finishing”, Hannover will not only showcase floor coverings but, for the first time, also ceramic tiles, wall and ceiling elements, paints and coatings, wallpapers, outdoor coverings, as well as sun protection and shading solutions. A key component of the new concept includes additional special formats and participation opportunities.

IDD Cologne: New Trade Fair for Interior Design

From 26 to 29 October 2025, IDD Cologne will celebrate its premiere in Cologne. The new trade fair for high-quality interior solutions is aimed at the high-end interior community in Europe, bringing together strong brands, innovative design, and pioneering trends. Unlike traditional product fairs, i IDD Cologne offers a holistic perspective on modern living environments. The event is planned to take place every two years in October, with its 2025 debut occupying Halls 2 and 3 of Koelnmesse.

Koelnmesse: Stable Revenue in 2024

According to its own statements, Koelnmesse recorded stable revenue of around €365 million in 2024, along with a profit of approximately €20 million. Despite economic uncertainties, weak consumer demand, and geopolitical challenges, the company was able to maintain its market position. CEO Gerald Böse emphasises: "Our results impressively demonstrate stability and resilience in a challenging market environment."