Natuzzi, S.p.A (NTZ): Recovery Well Under Way, But Much To Be DoneRupert Hargreaves
Italian furniture company, Natuzzi, S.p.A (ADR) (NYSE:NTZ) is a recovery story that I personally have been following closely over the past year or so.
Natuzzi has Italian roots and many decades of Italian heritage behind it. However, as Italian labor and manufacturing costs have surged higher during the past few years, while global sales of luxury leather furniture have slumped, Natuzzi has fallen on hard times. The company has also been struggling . . .
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