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From Home Furnishing Business

HTL Unveils Relax Studio, Quick Ship Programs

Leather furnishings supplier HTL International  is offering its retail customers a quick-ship program along with a studio program that allows customers to mix and match SKUs.

Natuzzi Sets Roadmap to Profitability

Italian home furnishings supplier Natuzzi  (NYSE: NTZ) has established a two-year business plan that sets objectives to regain market share, eliminate losses by the 2014 fourth quarter and return to profitability in 2015.

Natuzzi Shuffles Responsibilities

The chief financial officer for Natuzzi (NYSE: NTZ) will be coordinating the company's reorganization of its upholstery operations in Puglia and Basilicata, Italy.

Ekornes to Acquire Furniture Supplier IMG

Upholstered furniture supplier Ekornes  has agreed to acquire competitor IMG,  a fellow Norwegian furniture producer.

Hooker Names Teague VP

Sandi TeagueHooker Furniture has promoted Sandi Teague to the new position of vice president of merchandising for Hooker Upholstery.

Natuzzi Posts 3Q Loss of $24.8M

Net sales for Leather upholstery supplier Natuzzi  (NYSE: NTZ)  in the third quarter ended Sept. 30 were $136.8 million, a 7.5 percent drop from net sales of $147.9 million posted in the third quarter of 2012.

Ferrari Named CMO for Natuzzi Group

Simone Ferrari has been named chief marketing officer of the Italian home furnishings company Natuzzi Group  (NYSE: NTZ). 

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