07.05.2026
Jysk plans 100 new city stores
Danish interior retailer Jysk is continuing its global expansion with plans to open up to 100 new stores in major European cities over the next three years. The company is increasingly focusing on central locations in capitals such as Dublin, Madrid, Oslo, and Amsterdam to reach urban customers more effectively. Since its founding in 1979, Jysk has primarily concentrated on peripheral locations and medium-sized towns to benefit from larger floor spaces and parking facilities.
07.05.2026
Einrichtungspartnerring VME increases turnover
Following two years of declining figures, Einrichtungspartnerring VME has reported a positive trend for the 2025 financial year. The purchasing association's centrally regulated turnover rose slightly from EUR 1.34 billion to EUR 1.37 billion. In tandem with this growth, the net profit increased by 8.5% to EUR 11.5 million.
07.05.2026
KHG (Krieger / Höffner) exits Begros
The central purchasing and administrative company of the Krieger/Höffner Group, KHG, officially resigned as a shareholder from the Begros purchasing association on 30 April 2026. The association informed its business partners of this move in a recent circular. To ensure an orderly transition, a specific transitional arrangement was agreed upon between Begros and the management of KHG.
07.05.2026
Belgotex owner Stephan Colle passes away
The industry is mourning the loss of Stephan Colle, who passed away on 4 May 2026 at the age of 66. Together with his wife Ann De Clerck, he was the owner of the Belgotex International Group. With renowned manufacturers such as Associated Weavers, Balsan, and Lano, the group is one of the most influential players in the European flooring market.
04.05.2026
Rugvista appoints Gustaf Arlid as new CFO
Rugvista Group AB has appointed Gustaf Arlid as the company’s new Chief Financial Officer (CFO). He will assume the position no later than 1 November 2026, succeeding the current financial leadership. Arlid joins from Bygghemma Nordics, part of the BHG Group, where he currently serves as CFO. He brings extensive experience from senior finance roles, including positions at Findus and as a Manager at Deloitte.
04.05.2026
50th India Carpet Expo scheduled for October
The 50th edition of the India Carpet Expo is set to take place from 4 to 6 October 2026 in Bhadohi. The Carpet Export Promotion Council (CEPC) had originally planned to hold the anniversary event in April but had to cancel the spring fair. The venue remains the Carpet Expo Mart in Bhadohi, India.
27.04.2026
Salone del Mobile attracts over 300,000 visitors
The Salone del Mobile in Milan remained a premier hotspot for the design and furnishing world again this year. Between 21 and 26 April, organisers recorded a total of 316,342 visitors from 167 countries at the Rho trade fair grounds. The share of international trade visitors remained steady at 68 per cent, underlining the event's significance as a tool for internationalisation and business development.
24.04.2026
No investor found for Hammer Raumstylisten
The insolvency administrator for Hammer Raumstylisten GmbH announced on 22 April 2026 that the two interested parties have withdrawn from the sales process. Although a new investor has expressed interest, there are significant doubts as to whether liquidation and the cessation of business operations can still be prevented. In preparation for the closure and the termination of operative business activities, all employment contracts will be terminated within April with a maximum notice period of three months.
20.04.2026
Rugvista reports strong revenue growth in 2025
Rugvista Group AB has released its combined Annual and Sustainability Report for the full year 2025. The online retailer recorded net revenue of SEK 784.4 million (approx. EUR 67.5 million), representing significant growth compared to the previous period. CEO Dr Michael Lindskog highlighted the successful implementation of strategic objectives within a challenging market environment.
20.04.2026
Christie’s to auction Holms Hepburn Coronation and Toledo Mughal carpets
The London sale “The Art of the Islamic and Indian Worlds” on 30 April 2026 features over 80 selected rugs and carpets, with a focus on museum-grade provenance. The auction is led by the floral Toledo Mughal carpet from India, recently deaccessioned from the Toledo Museum of Art. Of particular historical significance is the Safavid Holms Hepburn Coronation carpet, which was used during the coronations of British Kings Edward VII and George V.
