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Natuzzi revenue narrowly down in fourth quarter

The Italian premium leather furniture maker has reported its 2020 fourth quarter and full year unaudited consolidated financial results. Consolidated net sales for the fourth quarter of 2020 were €99.9 million, down 0.6% from €100.6 million reported in the 2019 fourth quarter. At constant exchange rates, consolidated net sales would have been up 3.5%.

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The technological core of the leather industry

How about a treasure hunt?  What we are looking for is the technological and engineering core of the leather industry. Where can we find it? It used to be in the hands of tanners and their colleagues. Schultz working in New York with Booths on chromium, Turney Wood scurrying around with dog faeces in his tannery in Nottingham, England looking for pancreatic enzymes.

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Sustainability at the core

First published in the Nov/Dec edition of ILM. Gruppo Mastrotto, the industrial group in the global tanning industry which I represent, places sustainability at the core of its business and its future growth. First and foremost, we must carefully manage our water usage; considered an essential resource not only for the environment but also for the tanning sector given its key role in the production process of leather. The rational management of water is critical, which can be implemented through the design of leather articles, the recycling of process water as well as inside the different production departments within the business.  

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Natuzzi posts lower revenue in Q1

The premium Italian leather sofa manufacturer has reported total revenue of €115.9 million in the first quarter of 2017, down -4% from the same quarter in 2016.

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