"Natuzzi' plans to enter Indian market in July!
Moreover, the company plans to launch 70 franchised outlets in next 2 years and spend 10 per cent of its turnover in marketing. It is also planning to introduce Natuzzi and Italsofa ' two of its brands, in India. Italsofa will be targeted at tier-I cities like - Pune and Chandigarh while Natuzzi will be positioned in the metros.
As per media reports, Nitin Bhal, Country Head, Natuzzi (India) said, "We are looking for a brand ambassador, preferably someone from Bollywood, and exuding the flair of a genuine luxury consumer."
Natuzzi is worth $1 billion as listed on the NewYork Stock Exchange (NYSE). As of now, it has more than 350 galleries and flagship stores in 123 countries.
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