Natuzzi S.p.A., one of the world's most recognised Italian luxury furniture brands, announced that it has filed a Form 12b-25 with the U.S. Securities and Exchange Commission to notify of a delay in submitting its Annual Report on Form 20-F for the fiscal year ended December 31, 2025.
Natuzzi is a long-established Italian designer and manufacturer of luxury furniture, supported by a global retail network. As of December 31, 2025, its collections were distributed through 564 monobrand stores, 487 Natuzzi galleries, and more than 550 curated placements within larger multi-brand retail environments.
The company has been listed on the New York Stock Exchange since May 13, 1993.
© Natuzzi
Last November, Natuzzi S.p.A. announced that it would implement a major restructuring plan. Chairman and interim CEO Pasquale Natuzzi described a "challenging operating environment," citing geopolitical instability, a weak U.S. housing market, a stronger euro, high interest rates, and ongoing U.S. trade tariffs as factors that have collectively undermined consumer confidence and slowed demand for durable goods.
Dealers prioritized reducing inventory rather than placing new orders, putting pressure on both revenue and margins.
Source: StockTitan