Italian design

Luxury Furniture Market to Grow by USD 6.43 Billion in 2020-2024, Club House Italia Spa and Giorgio Armani Spa Emerge as Key Contributors to Growth | Technavio

Retrieved on: 
Wednesday, November 11, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201110006326/en/
    Technavio has announced its latest market research report titled Global Luxury Furniture Market 2020-2024 (Graphic: Business Wire)
    Has COVID-19 impacted your business growth?
  • The market growth in 2020 is likely to increase compared to the market growth in 2019.
  • Club House Italia Spa, Giorgio Armani Spa, Herman Miller Inc., Knoll Inc., Minotti Spa, MUEBLES PICO SA, Natuzzi Spa, Opera Contemporary, Reflex Spa, and Rugiano Srl.
  • Club House Italia Spa, Giorgio Armani Spa, Herman Miller Inc., Knoll Inc., Minotti Spa, MUEBLES PICO SA, Natuzzi Spa, Opera Contemporary, Reflex Spa, and Rugiano Srl are some of the major market participants.

Pininfarina launches design competition for a new world

Retrieved on: 
Thursday, October 22, 2020

TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world?

Key Points: 
  • TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world?
  • On the occasion of its 90th anniversary, Pininfarina launches an international design competition that challenges students from all around the world to create something that expresses their dreams for the future: "Design Reset: New Dreams for a New World".
  • The winner of each category will be awarded a 6-month Internship at Pininfarina's design studios in Torino, Miami and Shanghai.
  • A Special Chairman Award will go to the work that reserves a special attention to the Pininfarina design values.

Pininfarina launches design competition for a new world

Retrieved on: 
Thursday, October 22, 2020

TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world?

Key Points: 
  • TORINO, Italy, Oct. 22, 2020 /PRNewswire/ -- How design will have to approach the new world?
  • On the occasion of its 90th anniversary, Pininfarina launches an international design competition that challenges students from all around the world to create something that expresses their dreams for the future: "Design Reset: New Dreams for a New World".
  • The winner of each category will be awarded a 6-month Internship at Pininfarina's design studios in Torino, Miami and Shanghai.
  • A Special Chairman Award will go to the work that reserves a special attention to the Pininfarina design values.

Natuzzi Announces Consolidated Results for the First Quarter of 2020

Retrieved on: 
Friday, June 26, 2020

The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ1) (Natuzzi or the Company) approved today its 2020 first quarter unaudited consolidated financial results.

Key Points: 
  • The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ1) (Natuzzi or the Company) approved today its 2020 first quarter unaudited consolidated financial results.
  • Consolidated net sales for the first quarter of 2020 were affected by the COVID-19 pandemic, originated in China at the beginning of the year and subsequently spread globally.
  • The Group now directly operates 56 mono-brand DOS, of which 40 Natuzzi Italia, 14 Divani&Divani by Natuzzi stores and 2 new Natuzzi Editions DOS in the UK.
  • First quarter 2020 consolidated gross margin was 34.2%, up from 30.1% in 2019 same quarter, thanks to a favorable trend in raw material prices, a better sales mix, notwithstanding decreasing sales.

Natuzzi S.P.A. Announces Release Date For 2020 First Quarter Financial Results

Retrieved on: 
Friday, June 19, 2020

Natuzzi S.p.A. (NYSE:NTZ) (Natuzzi or the Company) will disclose 2020 first quarter financial results on Friday June 26, 2020 after the market closes.

Key Points: 
  • Natuzzi S.p.A. (NYSE:NTZ) (Natuzzi or the Company) will disclose 2020 first quarter financial results on Friday June 26, 2020 after the market closes.
  • A copy of the press release will be filed with the U.S. Securities and Exchange Commission and available at https://www.natuzzigroup.com/en-EN/ir/investors.html under the SEC Filings section.
  • Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italys largest furniture house and one of the most important global players in the furniture industry with an extensive manufacturing footprint and a global retail network.
  • Always committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), OHSAS 18001 certified (Safety on the Workplace) and FSC certified (Forest Stewardship Council).

Annual General Shareholders’ Meeting of Natuzzi S.p.A.

Retrieved on: 
Monday, June 15, 2020

Natuzzi S.p.A. (NYSE: NTZ1) (Natuzzi or the Company) announced today that it held its annual general shareholders meeting on June 12, 2020 (the Annual General Meeting), in accordance with Decree n. 18 of March 17, 2020 extending, due to circumstances related to the novel coronavirus (COVID-19) outbreak, the deadline for the Company to hold a shareholders meeting to approve its financial statements from 120 days to 180 days after the end of the applicable financial year.

Key Points: 
  • Natuzzi S.p.A. (NYSE: NTZ1) (Natuzzi or the Company) announced today that it held its annual general shareholders meeting on June 12, 2020 (the Annual General Meeting), in accordance with Decree n. 18 of March 17, 2020 extending, due to circumstances related to the novel coronavirus (COVID-19) outbreak, the deadline for the Company to hold a shareholders meeting to approve its financial statements from 120 days to 180 days after the end of the applicable financial year.
  • At the Annual General Meeting, the shareholders approved the Companys stand-alone financial statements for the fiscal year ended December 31, 2019 and acknowledged the approval of the 2019 consolidated financial statements of the Natuzzi Group by the Companys Board of Directors at a meeting held on May 22, 2020.
  • The Company also announced that it filed today its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the Annual Report) with the U.S. Securities and Exchange Commission (SEC).
  • The Annual Report is available on the Companys website within the Investor Relations page ( http://natuzzigroup.com/en-EN/ir/investors.html ) under the SEC Filings section.

AnPac Bio Announces Appointment of New Chief Financial Officer

Mr. Tang will succeed to Ms. Yu (Rain) Zhang, who resigned as the Chief Financial Officer of the Company for personal reasons effective on May 31, 2020.

Key Points: 
  • Mr. Tang will succeed to Ms. Yu (Rain) Zhang, who resigned as the Chief Financial Officer of the Company for personal reasons effective on May 31, 2020.
  • Prior to joining AnPac Bio, Mr. Tang served as a global internal auditor at Natuzzi S.p.A (Italy) from 2016 to 2019.
  • His strong financial background will help him to make an immediate impact at AnPac Bio, said Dr. Chris Yu, the CEO and Chairman of the board of directors of AnPac Bio.
  • AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 121 granted patents as of December 31, 2019.

Natuzzi S.p.A.: Update on the Company’s Operations and New York Stock Exchange Listing

Retrieved on: 
Friday, March 13, 2020

The Company expects that its business levels, as discussed in the February Update, will not improve in the short term with a direct negative effect on the Companys revenues.

Key Points: 
  • The Company expects that its business levels, as discussed in the February Update, will not improve in the short term with a direct negative effect on the Companys revenues.
  • These measures are expected to include the overall reduction of operating expenses, the deferral of some investments, as well as workforce-related actions.
  • The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release.
  • Natuzzi is the European lifestyle best-known brand in the upholstered furnishings sector worldwide (Brand Awareness Monitoring Report - Ipsos 2018) and has been listed on the New York Stock Exchange since May 13, 1993.

Natuzzi Announces Consolidated Results for the Third Quarter and First Nine Months of 2019

Retrieved on: 
Friday, November 29, 2019

The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) (Natuzzi or the Company) today approved 2019 unaudited third quarter and first nine months consolidated financial results.

Key Points: 
  • The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) (Natuzzi or the Company) today approved 2019 unaudited third quarter and first nine months consolidated financial results.
  • Consolidated net sales for the third quarter of 2019 were 88.1 million, down 3.7% from 91.5 million in 2018 same period.
  • Natuzzi branded sales represented 78.6% of the Groups core business, versus 74.5% in the third quarter of 2018.
  • The Group now directly operates 56 mono-brand DOS, of which 40 are Natuzzi Italia and 16 are Divani&Divani by Natuzzi stores.

Natuzzi Announces a New Commercial Leadership Structure

Retrieved on: 
Monday, November 11, 2019

Natuzzi S.p.A. (NYSE: NTZ) (Natuzzi or the Company) announced today that Nazzario Pozzi, formerly Groups Chief Commercial Officer, has resigned from the Company for new professional challenges.

Key Points: 
  • Natuzzi S.p.A. (NYSE: NTZ) (Natuzzi or the Company) announced today that Nazzario Pozzi, formerly Groups Chief Commercial Officer, has resigned from the Company for new professional challenges.
  • The Company would like to thank Nazzario for his contribution in conceiving the Groups retail strategy and efficiently executing it over the past few years.
  • Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is Italys largest furniture house and one of the most important global players in the furniture industry with an extensive manufacturing footprint and a global retail network.
  • Always committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), OHSAS 18001 certified (Safety on the Workplace) and FSC certified (Forest Stewardship Council).