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Natuzzi appoints new CEO

The Italian premium leather furniture maker has appointed Antonio Achille as CEO. The appointment coincides with the release of the company’s latest sales figures, which exceeded both 2020 and pre-pandemic results in the first quarter of 2021, as reported in full by ILM.


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%.


Improved third quarter for Natuzzi

The Italian premium leather furniture maker said the third quarter of 2020 saw a gradual return to normality of the Group’s operations, with the exception of the Brazilian plant, which remained closed during the first two weeks of July.