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The company began industrial production of sofas and armchairs in 1967. In 1972, Natuzzi Salotti S.r.l. was founded. One year later, production was moved to Santeramo in Colle, where the Natuzzi Group's headquarters is currently located. In 1985, Natuzzi Upholstery Inc., a subsidiary of Natuzzi S.p.A., was established.
Pasquale Natuzzi (Matera, 24 March 1940) is an Italian entrepreneur and stylist, founder and chairman of the Natuzzi Group.In his 2008 biography Natuzzi Un divano a Wall Street, Agnese Sinisi considered Natuzzi to be one of the most important entrepreneurs in the history of southern Italy and in the upholstered furniture sector.
In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups. [3] 1981 sales were $150 million. [4] In 1983, La-Z-Boy introduced its first line of stationary sofas and occasional chairs, later offering a full line of home furnishings. [3]
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Schottenstein Stores owns stakes in DSW and American Signature Furniture; 15% of American Eagle Outfitters, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.
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