Natuzzi Closing Eight United Kingdom Stores

March 5, 2006  by in UnCategorized   

By Home Furnishings Business in on March 2006 Leather producer Natuzzi has decided to close eight of its stores in the United Kingdom by the end of this month.

The stores operate under the Natuzzi and KOL brand names. The company has opted to relocate six company-owned Natuzzi stores in the London area in the next two years.

According to the company, the new stores will feature smaller floor space in a boutique-like atmosphere and will be located in more fashionable shopping areas. In addition, the company will offer the store concept to its retail partners through franchise agreements in an effort to develop its business in the United Kingdom.

Since 1990, Natuzzi has sold its furnishings in Italy through the popular Divani & Divani by Natuzzi chain of 136 stores, which it licenses to furniture dealers. Outside Italy, the company sells to various furniture retailers, as well as through 154 licensed Divani & Divani by Natuzzi and Natuzzi stores, including six Kingdom of Leather stores.

In the United States, Natuzzi has a flagship store in New York's SoHo district and a franchised store in Dallas.