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Company Description (as filed with the SEC)
The Natuzzi Group is engaged in designing, manufacturing and distributing upholstered furniture. The Group's offering primarily includes linear and sectional sofas, including those with reclining and motion functions, armchairs and sofa beds, as well as living room and bedroom furnishings and accessories. The Group is one of the world's leading companies for the production of leather-upholstered furniture and according to the World Luxury Tracking survey by Lagardère Global Advertising, the Natuzzi brand was ranked as the best-known global brand within the furniture category, and the second best-known brand if all sectors are considered, based on a sample of 7,700 luxury consumers from six countries (France, UK, Germany, Spain, Italy and the United States) (Source: World Luxury Tracking 2013 (Lagardère Global Advertising/IPSOS)). Natuzzi began operations in Italy in 1959. The Company first targeted the U.S. ... More ...