Leather upholstery manufacturer Natuzzi has reported a loss of $14.5 million for the third quarter of 2011. Global sales for the quarter were only slightly down on the same period last year, with a 2011 figure of $161.6 million. But cumulatively, sales for the year so far of $502.2 million are 7.7% lower than at the same stage in 2010.

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