Natuzzi Italia Technical Partner of the G7 in Apulia

Rhea-AI Summary

Natuzzi Italia has been selected as the technical partner to furnish meeting rooms for the 50th G7 Summit, which will take place in Apulia from June 13 to 15, 2024. This summit is notable for the participation of Pope Francis, emphasizing ethical and social justice issues. Natuzzi will showcase its Re-vive collection, celebrating its 10th anniversary. Pasquale Natuzzi, Executive Chairman, highlighted the company’s values of human rights, work ethics, sustainable growth, transparency, and harmony. With over 680 stores globally, Natuzzi was recently recognized as the most well-known European brand in key markets, including the US and China, according to an independent market research survey released in April 2024.

Positive

• Natuzzi Italia selected as the technical partner for the 50th G7 Summit, enhancing brand visibility.
• Showcasing Re-vive collection during the G7, marking its 10th anniversary.
• Recognition as the most well-known European brand in key markets like the US and China.
• Participation in a high-profile event like the G7 aligns with values of human rights, work ethics, sustainable growth, transparency, and harmony.
• Presence of over 680 stores worldwide, indicating strong global distribution.

Negative

• No direct financial data or revenue impact mentioned in the PR.
• Potentially high costs associated with furnishing the G7 Summit may affect short-term financials.

SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)-- The Group of Seven (G7), comprising presidents and political leaders of Italy, Canada, France, Germany, Japan, the United Kingdom, and the United States, along with the European Union leaders, will convene for the 50^th G7 Summit from June 13 to 15, 2024, in Apulia. This year marks a historic first as Pope Francis will participate in the summit, emphasizing the importance of ethical considerations and social justice in global economic discussions.

Natuzzi Italia is honoured to have been selected to furnish the meeting rooms for bilateral leader meetings at the G7 in Apulia. Among the collections featured will be Re-vive, the iconic collections which celebrates its 10^th anniversary.

Pasquale Natuzzi, Executive Chairman of the Natuzzi Group, stated: "We are proud to be a partner at the G7 in Apulia and to furnish the Summit's venues at Borgo Egnazia. This remarkable setting will hopefully inspire political leaders as they make significant decisions.

The products we have chosen for this event and the environments we have created aim to convey Natuzzi's core values: respect for human rights, work ethics, sustainable growth, transparency, and harmony."

With over 680 stores worldwide, from the United States to China, Natuzzi is a leading “distribution infrastructure” of "Made in Italy" globally. Natuzzi role as an "ambassador of Made in Italy" was recently reaffirmed by an independent market research survey released in April 2024, which recognized Natuzzi as the most well-known European brand in key markets, including the US and China.

About Natuzzi S.p.A.

Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is one of the most renowned brands in the production and distribution of design and luxury furniture. With a global retail network of 676 monobrand stores in addition to more than 600 galleries as of March 31, 2024, Natuzzi distributes its collections worldwide. Natuzzi products embed the finest spirit of Italian design and the unique craftmanship details of the “Made in Italy”, where a predominant part of its production takes place. Natuzzi has been listed on the New York Stock Exchange since May 13, 1993. Always committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), ISO 45001 certified (Safety on the Workplace) and FSC^® Chain of Custody, CoC (FSC-C131540).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614230383/en/

Natuzzi Investor Relations

Piero Direnzo | tel. +39 080-8820-812 | pdirenzo@natuzzi.com

Natuzzi Corporate Communication

Giancarlo Renna (Communication Manager) | tel. +39. 342.3412261 | grenna@natuzzi.com

Barbara Colapinto | tel. +39 331 6654275 | bcolapinto@natuzzi.com

Source: Natuzzi S.p.A.

FAQ

What role is Natuzzi Italia playing in the 50th G7 Summit in Apulia?

Natuzzi Italia is the technical partner selected to furnish the meeting rooms for bilateral leader meetings at the 50th G7 Summit in Apulia.

When and where is the 50th G7 Summit taking place?

The 50th G7 Summit will take place from June 13 to 15, 2024, in Apulia, Italy.

What collection will Natuzzi Italia showcase at the G7 Summit?

Natuzzi Italia will showcase its Re-vive collection, celebrating its 10th anniversary.

What recent recognition did Natuzzi Italia receive?

Natuzzi Italia was recognized as the most well-known European brand in key markets, including the US and China, according to an independent market research survey released in April 2024.

How many stores does Natuzzi Italia have worldwide?

Natuzzi Italia has over 680 stores worldwide.