Website: N/A
Stock Symbol: NYSE: NTZ
Market Value: N/A (in millions)
The Group is primarily engaged in the design, manufacture and marketing of
contemporary and traditional leather- and fabric-upholstered furniture,
principally sofas, loveseats, armchairs, sectional furniture, motion furniture
and sofa beds, and living room accessories.
The Group is the world’s leader in the production of leather-upholstered
furniture and has a leading share of the market for leather-upholstered
furniture in the United States and Europe (as reported by CSIL, an Italian
market research firm, with reference to market information related to the year
2005). In 2000, the Company launched “Italsofa”, a new promotional brand aimed
at the lower-priced segment of the upholstery market, while in January 2002, the
Company introduced the new logo for the “Natuzzi” brand, which is aimed at
identifying the Company’s medium to high -end of the market products.