Carpet One on the rise

Article Abstract:

Carpet One's vice president of hard surface and area rugs, Sandy Bone, forecasts that by the end of 1999, the company should achieve approximately $20 million in area rug sales, an increase from $16 million in area rug sales that it attains in 1998. The 900-member retail cooperative has aimed to become the leading retailer of area rugs in the US. The dealers of Carpet One currently account for $2.2 billion in retail sales of all kinds of floor coverings. It is estimated that Carpet One accounts for around 15% of the residential sector. Around 25% to 30% of the retailers of Carpet One presently sell rugs.

Comment:

Is predicted to achieve about $20 mil in area rug sales by end of 1999, up from $16 mil in 1998

Sales, profits & dividends, Carpets & Rugs, Carpet and Rug Mills, Rugs and carpets, Article, Carpet One

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Safavieh launching O'Brien rug line

Article Abstract:

The details on Safavieh, which is introducing rugs, are presented. Safavieh is unveiling the rug under licensing agreement with designer Thomas O'Brien.

Alliances, partnerships, Licensing/Sales Agreements, Pakistan, Carpets and rugs, Licensing agreements, Company licensing agreement, Textile designers, O'Brien, Thomas, Safavieh

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Kas enters washable rug arena with focus on colors

Article Abstract:

Kas Oriental Rugs has introduced 20-in to 30-in washable rugs in bright colors.

Kas Oriental Rugs Inc.

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