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Natuzzi closes UK store as Q1 sales fail to meet expectations - Big Furniture Group
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Natuzzi closes UK store as Q1 sales fail to meet expectations - Big Furniture Group
Italian furniture manufacturer Natuzzi has reported a decline in first quarter sales as markets fail to deliver expected improvement. According to its latest trading update for the first quarter ended 31 March 2025, total sales amounted to €78.1m, down 7.6% from €84.5m in 1Q 2024. Gross margin was 34.1%, compared to 36.9% in 1Q 2024, primarily due to the transition phase of the planned production shift of Natuzzi Editions for the North America…
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