Home / Knowledge / News / Textiles / Upholstery major Natuzzi steps in to Indian market

Upholstery major Natuzzi steps in to Indian market

08
Feb '10
Natuzzi Spa, the Italian premium upholstery major, which has around 350 outlets in 123 countries across the globe, plans to set up 70 stores in India by 2012, mainly through the franchisee route.

This was revealed to Fibre2fashion by Mr. Nitin Bahl, Country Manager of Natuzzi who said that the company will open its first two flagship stores in Delhi and Mumbai. The firm will introduce two of its brands; Natuzzi and Italsofa in India.

Giving more details he said, “We will explore multiple store formats like flagship stores, mono-brand smaller outlets and shop-in-shops and our target is the 1.2 million households with an annual income of Rs one million”.

Italsofa will be targeted at Tier I cities like Pune and Chandigarh, while Natuzzi will be positioned in the main and major metros. The company hopes to chalk out a turnover of Rs 1.62 billion by 2012.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Polygiene

Apparel/Garments | On 2nd Apr 2020

Polygiene launches ViralOff, a sanitiser for garments

Swedish odour control technology company Polygiene has launched...

Pic: JNCASR

Textiles | On 2nd Apr 2020

Indian researchers make coating to kill virus like COVID

A one-step curable anti-microbial coating, which when coated on...

Pic: Shutterstock

Apparel/Garments | On 2nd Apr 2020

FDA issues new policy for surgical apparel during crisis

The US Food and Drug Administration (FDA) issued an immediate...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Top executives, Textile industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Joachim Maier,

Joachim Maier

Switzerland-based Uster Technologies AG is the leading high technology...

Abhishek Ralli,

Abhishek Ralli

Guide group is a government recognised manufacturing house engaged in the...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search