Latest news with #carpets
Zawya
19-05-2025
- Business
- Zawya
Egypt: Oriental Weavers posts 19.8% YoY surge in Q1 2025 consolidated profits
Arab Finance: Oriental Weavers Carpets reported a 19.8% year-on-year (YoY) growth in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2025, as per the company's recent financial statements. The company logged EGP 513.255 million in consolidated net profits in Q1 2025, compared to EGP 428.417 million in Q1 2024. Consolidated revenues rose to EGP 6.397 billion in the three months to March 2025, from the EGP 5.038 billion reported in the same quarter last year. As for the standalone business, the company posted a net profit after tax of EGP 1.764 billion in Q1 2025, up from EGP 1.377 billion in Q1 2024. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
RNZ News
12-05-2025
- Business
- RNZ News
Carpet maker Bremworth reverses wool only policy
Photo: Bremworth Carpet maker Bremworth has reversed its wool only policy and will soon start making synthetic carpets again. The NZX-listed company, which stopped producing synthetic carpets in 2020 in favour of a wool-only policy , will restart production of synthetic carpets at its Auckland facility in the next financial year. It comes following a recent shake-up of the Bremworth board, with group of unhappy shareholders, led by new chair Rob Hewett, prompting the departure of three sitting directors . Its chief Executive Greg Smith has also stepped down after four years. Hewett earlier said the coup was prompted by the company's slumping profits , with revenue falling from $148.1m in 2018 to $80.3m in 2024. The dissenting group said the decision to stop selling synthetic carpets in favour of wool-only products had not resulted in improved sales, while operating costs remained high. Hewett, who replaced former chair George Adams, said there was strong demand from major New Zealand and Australian carpet retailers for Bremworth to produce both synthetics and wool. He said by not having synthetics in their portfolio they had made things more difficult. "The challenge that we have with the business is about 85 percent of the carpet floor covering market is not wool and we're missing out on it. We need to spread our costs across a wider base. Our customers are clearly looking for a synthetic product." He said they were also very mindful of stakeholders. "I am a farmer of wool and I do this with a heavy heart but the company's viability quite frankly is at stake here." It also follows Bremworth settling with rival carpet maker Godfrey Hirst, settling court proceedings in relation to a past marketing campaign Bremworth initiated in 2020 when it ceased producing synthetic carpet and moved to manufacturing wool carpets only. Godfrey Hirst alleged that aspects of that campaign mischaracterised the relative environmental and health impacts of synthetic and wool carpets and breached the Fair Trading Act. Bremworth denied breaching the Act, but acknowledged certain parts of its past advertising from the 2020 marketing campaign may have misled some consumers. These had been removed and would not be used again. The new synthetic range, which will initially comprise a small, but carefully curated, number of products, will be distributed under a separate brand to distinguish these products from its Bremworth-branded all-wool products. No new capital expenditure is required and the company anticipates a minor increase in headcount to support the additional volume. Hewett expected having a complete portfolio will actually help them grow wool product sales. However, Federated Farmers meat and wool chair Toby Williams said the wool industry was teetering and this would further knock farmer confidence. "It's a tough pill to swallow for the industry." He said it was disappointing but understandable. Williams acknowledged Bremworth was a business though and shareholders had a right to expect returns. He said it was important for people to start recognising the environmental benefits of wool, especially with declining sheep numbers and farmland being converted to carbon forestry . Andy Caughey, chief executive of industry group Wool Impact, said Bremworth manufacturing synthetic carpets again didn't minimise their commitment to wool or their wool carpet offering. "This range extension, which includes synthetics, will strengthen the company's operating model by optimising its manufacturing capacity and generating more revenue as it continues to invest and expand its wool business," he said. "The world needs more wool." Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Daily Mail
09-05-2025
- Health
- Daily Mail
Expert issues urgent warning over one part of your house that may look clean - but is 'packed with bacteria'
Experts have warned that carpets and rugs that look clean could actually be packed with bacteria. People should be vigilant when it comes to cleaning the floor coverings, which require more upkeep than other surfaces in the home. This is because fabric is more prone to holding onto dirt and dust particles than other materials due to its porous texture. And the structure of carpet fibres in particular makes them particularly prone to trapping microscopic organisms like dust mites, as well as other debris particles. In order to avoid this, rugs and carpets should be vacuumed regularly, whether they look like they are dirty or not. And as well as vacuuming, brushing the fibres will help removed dirt that is more deeply embedded in the floor coverings. When it comes to smaller rugs, they should be taken outside and given a shake before they are vacuumed, for optimum cleaning. In addition, the flooring beneath where the rugs are usually placed should be cleaned, to ensure any dirt trapped beneath is removed. According to cleaning experts from Gtech, people who have furry companion animals should be even more vigilant when it comes to cleaning their carpets and rugs. This is because cats and dogs shed fur, leaving lots of pet hair lying around, which can work its way into fibres - including curtains as well as carpeting. Gtech experts also point out that those with pets who have hardwood (or other smooth) flooring should ensure they vacuum often, to make sure they are keeping on top of removing as much animal fur as possible. When it comes to pets, stray animal hairs are not the only thing to be conscious of: experts at Gtech note that some very young or very old pets may have accidents inside, or can tramp dirt through the home if they have dirty paws. The Gtech experts said: 'From muddy paw prints to puppy pee puddles, stains are a common enemy for pet owners, especially those with either very young or elderly animals. Acting fast is essential when removing pet stains, and you should start cleaning as soon as you spot them.' When it comes to liquid stains (including urine) it's best to spray the stain with cold water, before then using a paper towel or cloth to absorb the liquid. Then the area should be sprinkled with bicarbonate of soda, which should be left for an hour, before it is then vacuumed. This may have to be repeated several times, until the smell and visible stain have disappeared. When it comes to mud from dirty paws, it should be left to dry, before as much as possible is vacuumed. A blunt knife can be used to scrape away any excess mud. Once it's removed, the same cycle of using bicarbonate of soda should be used to spot clean the area. The experts added: 'For particularly tough stains, consider using cleaning agents, such as white vinegar or a carpet cleaner for serious stains. Just ensure that you use an agent that is suitable for your carpet, based on its instructions or maintenance guide.' Meanwhile, cleaning influencer Mrs Hinch previously shared a simple hack for dirty carpets - and it only costs 99p. Mrs Hinch, whose real name is Sophie Hinchliffe, recommends using a squeegee - commonly used to wipe car, bathroom or window glass - for getting the floor coverings clean. Demonstrating the technique in a video, the Essex-based influencer gently scraped the dry 'squeegee' over the carpet to lift away hair, dust and lint, then held up the shocking amount of debris that the squeegee picked up - a ball of hair and dust. Squeegees can be bought for as little as 99p, making it an extraordinary cost-effective purchase.
