Farhadian Farhadian
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

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

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insolvency administrator for Hammer Raumstylisten GmbH announced on 22 April 2026 that the two interested parties have withdrawn from the sales process.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

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.
20.04.2026

Sotheby’s: Museum-quality oriental carpets in London

Sotheby’s: Museum-quality oriental carpets in London
The auction house Sotheby’s will host the "Arts of the Islamic World and India" sale in London on 29 April 2026. The auction features a highly curated selection of just six carpets, including two pieces from the prestigious Lewis and Susan Manilow collection.
13.04.2026

German e-commerce: Growth continues in Q1/2026

German e-commerce: Growth continues in Q1/2026
German e-commerce remains unaffected by general consumer restraint and recorded a significant increase in turnover in the first quarter of 2026. According to the German E-commerce and Distance Selling Trade Association (BEVH), revenues rose by 3.6% compared to the same period last year, reaching a total of EUR 20.4 billion. The furnishing cluster developed particularly well, generating growth of 2.4% with a total turnover of EUR 3.66 billion.
09.04.2026

Balta Home: Sale & leaseback of distribution centre

Victoria PLC has entered into a binding agreement for the sale and leaseback of its Belgian distribution centre to Avantage Property Holding. The gross consideration is 34.4 million EUR, compared to a net book value of 5.6 million EUR as of 31 January 2026. The site will remain the key European distribution hub for Balta Home following the relocation of the majority of the company's manufacturing to Turkey.
01.04.2026

Carpetright Netherlands relaunches as digital specialist under new investor

Carpetright Netherlands relaunches as digital specialist under new investor
Following its insolvency in 2025, Carpetright is returning to the Dutch market with a radically restructured business model. The brand will henceforth operate without physical stores, functioning as a pure-play online retailer focused on professional in-home consultancy. This relaunch of Carpetright IP BV is led by former executives Gideon Tienkamp and Maikel Hofman, supported by the new investor De Verfzaak, a well-known paint and wallpaper retailer.

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