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Natuzzi Outlines Sales Goal for 2010
February 11, 2010
From News
Italian leather specialist Natuzzi (NYSE: NTZ) has announced its 2010 goal to reach more than $826 million in total sales and to return to a positive earnings before interest and taxes.
Natuzzi 2nd-Quarter Sales Down 20.8%
September 30, 2009
From News
Italy's Natuzzi, the leading leather upholstery manufacturer in the world, announced second-quarter 2009 net sales of $133.6 million euro, a 20.8 percent drop from the same period last year. Natuzzi (NYSE:NTZ) lost 3.9 million euro for the period, compared with a 2.4 million euro loss during second-quarter 2008.
Natuzzi Sofa at Wyndham PGA Tourney
August 21, 2009
From News
Natuzzi Americas, the High Point-based sales and marketing arm of Natuzzi, Italy's largest furniture manufacturer and world leader in leather sofas, partnered with Furnitureland South, Jamestown, N.C., to showcase "The Muse's Sofa" on the ninth green during the Wydham Championship at Sedgefield Country Club.
Piotrowski Named Regional Sales VP at Natuzzi
August 21, 2009
From News
Natuzzi, Italy’s largest furniture manufacturer and world leader in leather sofas, has named Erin Piotrowski regional vice presidet of sales for the Northern Region, Natuzzi Americas. Piotrowski has spent 6 years in the furniture sales industry. Most recently, at Leggett and Platt Inc., she was vice president of international sales.
Texas Natuzzi Stores Closing
August 4, 2009
From News
Natuzzi Americas, the High Point-based sales and marketing arm of the Natuzzi Group, Italy's largest furniture manufacturer and world leader in leather sofas, announced Monday the closure of two independently owned Natuzzi stores in Texas.
Natuzzi Names Regional Sales VPs
March 31, 2009
From News
Kevin Kelly and Matthew Hayward joined leather upholstery vendor Natuzzi Americas, High Point, as regional vice president of sales for the Northwest Region and Southwest Region, respectively.
Natuzzi Store Opens in Panama City
December 2008
From News
Natuzzi has opened its first store in Central America, a new location in Panama City, Panama. The store, which is owned by Harvey Striem, hosted a grand opening last week. “I wanted to partner with Natuzzi Italy and bring this market the high-end style and design it demands,” Striem said. “Luxury-seeking consumers in Panama City appreciate true couture Italian style and admire the true authenticity Natuzzi Italy product brings to this market. We are excited to finally open our doors.” The 7,800-square-foot space is part of Natuzzi’s three-year business plan that includes rolling out independently owned stores across the world.
Natuzzi Posts Sales Gain, Higher Loss
November 2008
From News
Natuzzi announced Wednesday that it increased units sold by 3.8 percent in the company’s third quarter, with sales increasing by about 1 million euros to 142.3 million euros, but had an operating loss of 12.2 million euros due to unfavorable exchange rates and high operating costs. The company posted an operating loss of 11 million euros in the third quarter of 2007. For the first nine months of the year (through Sept. 30) Natuzzi’s sales increased 5.8 percent to 483.9 million euros, with an operating loss of 29.5 million euros. New CEO Aldo Uva, who was appointed in June, recently unveiled a business