10.10.2025
Deutsche Messe reports 2024 revenue below previous year, but above plan

According to the official consolidated financial statements, Deutsche Messe AG (DMAG) generated revenue of EUR 296.6 million in fiscal year 2024, exceeding its target but falling short of the previous year’s figure of EUR 353.9 million. Operating profit (EBITDA) reached EUR 29 million, compared with EUR 60.5 million a year earlier, while net profit stood at EUR 18.1 million. The company’s subsidiaries in China and Turkey performed particularly well, increasing their revenues by 23 per cent. In contrast, lower income from Hannover Messe and Domotex had a negative impact.
06.10.2025
Hammer stores: Investor found for new business model

Ninety-three of the roughly 170 Hammer stores have been saved. An investor group called the ReThink consortium is taking over the locations of the insolvent retailer as part of an asset deal. According to the company, around 1,200 jobs will also be preserved. The new owners plan to transform the business model from a traditional DIY and home improvement concept into an “all-in-one” service offering.
06.10.2025
Ege Carpets: Claus Beier appointed CEO

Ege Carpets has found a successor for outgoing CEO Rune Stephansen. The new head of the Danish textile flooring manufacturer is Claus Beier, who most recently served as CEO of the foundry group Birn.
06.10.2025
Victoria: CEO Hamers to step down in mid-2026
At the British Victoria Group, which includes machine-made rug manufacturers Balta Home and Ragolle, a change in leadership is due in mid-2026. CEO Philippe Hamers has announced his intention to step down from his position in the middle of the year. Hamers took over the role in 2017 and expanded the flooring group through an ambitious growth strategy, increasing annual revenue from GBP 330 million (EUR 379 million) to GBP 1.12 billion.
26.09.2025
M.O.W. 2025: Positive Outcome in Bad Salzuflen

The M.O.W. 2025 furniture fair concluded on 25 September with a strong result. Over five days, the event in Bad Salzuflen generated optimism, new orders and a clear sense of momentum. With 558 exhibitors from 39 countries and 43 percent international visitors, the fair once again confirmed its European and global relevance.
26.09.2025
Heimtextil 2026: Expanding into a global hub for carpets

Heimtextil in Frankfurt is set to further strengthen its role as a key platform for the international carpet industry in 2026. The Carpets & Rugs segment will move into the larger halls 11.0 and 12.0, expand to hall 11.1 and, for the first time, be presented across four levels. The new Flooring & Equipment section in hall 12.0 will add non-textile floor coverings to the portfolio.
26.09.2025
Domotex 2026: Focus on Flooring and Interior Finishing

Taking place from 19 to 22 January 2026 in Hannover, Domotex will focus on flooring and interior finishing. Numerous leading companies such as Kronospan, Egger, Amorim, Unilin, Gerflor and Swiss Krono have already confirmed their participation. With the theme “Creating Rooms. Transforming Spaces.”, the trade fair will showcase innovations for floors, walls and ceilings – from new materials to digital applications and practical solutions for craftsmen and planners.
26.09.2025
Ikea Germany: Peter Jelkeby to Become CEO

Ikea Germany has appointed a successor to Walter Kadnar: as of 1 January 2026, Peter Jelkeby will take on the role of CEO and CSO. The Swedish-born executive is currently serving as Country Retail Manager for Ikea UK and Ireland. Walter Kadnar headed Ikea Germany from October 2022 until August 2025.
26.09.2025
Jysk: Rekordumsatz und Expansion

Der skandinavische Einrichtungshändler Jysk hat das Geschäftsjahr 2024/25 mit einem Umsatzrekord abgeschlossen. Mit 46,3 Mrd. DKK (6,2 Mrd. EUR) stieg der Umsatz um 11,8 Prozent gegenüber dem Vorjahr, zudem gewann das Unternehmen 13,7 Mio. neue Kunden. CEO Rami Jensen verweist auf das klare Konzept aus attraktiven Preisen, relevantem Sortiment und engagierten Mitarbeitern als Grundlage des Erfolgs.
18.09.2025
Carpet Week Hamburg starts on 22 September

From 22 to 28 September 2025, Hamburg will once again host Carpet Week. A total of 25 importers and wholesalers will open their warehouses and showrooms to international trade visitors. On display will be above all handmade rugs from all major countries of origin – from flatweaves to finely knotted pieces, from one-of-a-kind items to market-oriented collections.