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Luxury Vinyl Tiles Flooring Market Worth $31.4 Billion By 2024

By MarketsandMarkets

According to the new market research report Luxury Vinyl Tiles (LVT) Flooring Market by Type (Rigid, Flexible), End-Use Sector (Residential, Non-residential), and Region (North America, Asia Pacific, Europe, Middle East & Africa, and South America) – Global Forecast to 2024, the LVT flooring market is projected to grow from $ 18 billion in 2019 to $31.8 billion by 2024.
The luxury vinyl tiles flooring industry is projected to grow in parallel to the growth of the construction industry across the globe. Factors such as the increase in residential and non-residential constructions, innovation in flooring solutions, rising number of remodeling projects, along with a high demand for durable LVTs that can withstand various weathering actions and resist chemical attacks & deterioration are factors expected to support the market growth during the forecast period.

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Posted on August 29, 2019

Tribune Tower, A Chicago Icon, Transforms To Offer Timeless, Luxury Living

By Tribune Tower Residences

The iconic Tribune Tower has been impeccably reimagined for the future, providing buyers with an array of distinctive, luxury condominiums and lavish amenities while still honoring the heritage of the historic building.
An architectural landmark on Chicago’s famed Magnificent Mile, Tribune Tower is positioned to offer residents a luxury lifestyle in the city’s most premier location.

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Posted on August 20, 2019

Washed Away: Northwest Wisconsin Copes With The Costs Of A Changing Climate

By Will Cushman/WisContext

On the morning of July 12, 2016, Joan Elias awoke to discover she was stranded in her home. Elias, who lives on 21 mostly-wooded acres in rural Iron County, was cut off from the outside world by an unexpected – and unprecedented – deluge.
A powerful storm system rolled in the night before and stalled over northwestern Wisconsin. In many locations it delivered a torrent of rain measuring 10 or more inches – a typical summer’s entire rainfall – in only 8 hours. Some locations in southern Ashland County received 14 inches of rain.
The landscape surrounding Elias’s home, within the town of Gurney, is a patchwork of forests and hayfields growing on clay soils that predominate beneath a wide expanse of northern Wisconsin. Clay is slow draining, so much so that it’s commonly used to line artificial ponds. The ground was already saturated by previous storms, meaning the clay had become a virtual regionwide plug for rain.
With nowhere else to drain, the rainfall choked streams and rivers with swirling runoff that resembled creamy tea, laden with the clay sediment and rich with red iron oxides. The water that rushed toward Lake Superior would reach volumes previously unheard of in many local riverbeds.

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Posted on August 19, 2019

Beverage Category Ripe With Opportunity

By Technomic

Beverages have always played a significant role in foodservice and the category is continuously evolving. Chicago-based Technomic’s recently released Away-from-Home Beverage Study covers how consumer demands and business conditions have shifted within the past few years.
“Beverage growth has outpaced that of foodservice within the past few years thanks to innovative options such as nitro coffee, plant-based milks and other alternative beverages entering this space,” says David Henkes, principal at Technomic. “Although challenges like third-party delivery are encroaching on beverage occasions, the category has a lot of opportunities available through offering a wide variety of innovative beverage options to their guests.”
The 2019 Away-from-Home Beverage Study is part of Technomic’s Away-from-Home Beverage Navigator Program.
Key takeaways from the report include:

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Posted on August 9, 2019

The Largest Cashmere Manufacturer Of Mongolia Comes To The USA

By The Gobi Corporation

ULAANBAATAR, Mongolia – During the Mongolian president’s U.S. visit this week, that country’s largest cashmere manufacturer, the Gobi Corporation, is preparing to announce its plans to enter the U.S market by September.
The subsidiary Gobi Cashmere USA will be located in Los Angeles, and is launching an e-commerce website specially dedicated to U.S customers.
The Gobi Corporation currently supplies high-quality raw cashmere products to the international market. However, its presence in the U.S. has been small due to fierce competition from China. As of now, Gobi Corporation has franchise stores in Chicago, Los Angeles and San Francisco. If a trade bill under consideration is passed, cashmere companies from the young democratic nation would be able to better compete with its competitors.

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Posted on August 2, 2019