Natuzzi 1Q sales fall

Thomas, Larry
May 2007
Furniture/Today;5/28/2007, Vol. 31 Issue 37, p1
Trade Publication
The article reports on the decrease in the sale of Italy-based leather upholstery firm Natuzzi during the first quarter of 2007. Sales decreased by 18.3%. The company posted a net loss of 4.7 million euros, or $6.2 million. CEO Ernesto Greco says that firm's market in the U.S. has softened due to low consumer confidence and the sharp decrease in the house trade.


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