Nova LifeStyle to Debut New Products and Styles at the Summer 2017 Las Vegas Market Trade Show
June 22 2017 - 2:10PM
Nova LifeStyle, Inc. (NASDAQ:NVFY) (“Nova
LifeStyle” or the “Company”), a U.S.-based, leading innovative
designer, manufacturer and distributor of modern life style
furniture, today announced the Company will be attending the Summer
2017 Las Vegas Market trade show which takes place July 30 – August
3, 2017 (www.lasvegasmarket.com), where the Company will showcase a
number of new products and designs.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/22979f08-f63d-4651-b9de-e3dc542776b9
http://www.globenewswire.com/NewsRoom/AttachmentNg/b699cea6-4f52-4d9e-98b3-097bad286897
Nova LifeStyle will showcase in recently
expanded and renovated showroom (B-746), where the Company will be
featuring 10 new Sofa collections along with an expanded collection
of beds, including twin and full sizes, all with quick-ship
availability allowing customers maximum ordering convenience, which
is interconnected with Nova LifeStyle’s continued, successful
E-Commerce initiatives.
Management Commentary / Las Vegas Market
as Sales CatalystTawny Lam, CEO of Nova LifeStyle stated,
“Las Vegas Market is always a highlight for us as the event
provides us an opportunity to showcase our new products at one of
the premier home furnishings events in the world. With the
ever-increasing influence of the internet and social media in the
areas of home furnishings and interior design, today’s buyers are
more discerning and informed than they ever have been. We are
satisfying the design-centric appetite with products that emphasize
lush tailoring, grander seat pitch, rich color palettes,
patterns and materials to meet the tastes of today’s more
design-centric customers.”
Ms. Lam followed, “Over the last couple years
the Las Vegas Market has been a sales catalyst for our
Company. During this period, our Q3 revenues have generally
been our strongest of the year and we attribute much of that
success to the strong momentum generated from our attendance at Las
Vegas Market for both existing and new product lines prior to the
Christmas season. The integration of E-commerce platforms in
recent years has served to broaden Nova’s market base to a wider
range of consumers, and we have seen positive sales trends
online.”
Celebrating 25 years in the industry, Diamond
Sofa is positioned now more than ever, as an innovative complete
home furnishing source. In addition to 10 new sofa
collections that have already generated advance buzz on the company
website (diamondsofa.com) and social media platforms, Nova
LifeStyle is also launching a major new category of dynamic modern
home accents, expanding its selection of beds to include twin and
full sizes, along with a 46% expansion of its increasingly popular
Urban Vintage Collection, further broadening the scope the product
lineup with meaningful design.
For more information on Nova LifeStyle products
and brands please visit http://www.novalifestyle.com or
http://www.diamondsofa.com.
About Las Vegas Market and International
Market Centers, L.P.The Las Vegas Market is an
international furnishings showcase that combines style, inspiration
and productivity in an unrivaled, world-class destination. With two
markets each year, Las Vegas Market is the only major home
furnishings market in the western U.S. offering a unique
cross-section of suppliers and buyers spanning the home
furnishings, décor and gift industries. For more information,
visit www.lasvegasmarket.com
About Nova LifeStyleNova
LifeStyle, Inc., a NASDAQ Global Market listed company
headquartered in California, is a fast growing, innovative
designer, manufacturer and distributor of modern LifeStyle
furniture; primarily sofas, dining rooms, cabinets, office
furniture and related components, bedrooms, and various accessories
in matching collections. Visit Nova's website:
www.NovaLifeStyle.com.
Safe Harbor StatementAll
statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
There can be no assurance that actual results will not differ from
the Company's expectations. You are cautioned not to place undue
reliance on any forward-looking statements in this press release as
they reflect Nova's current expectations with respect to future
events and are subject to risks and uncertainties that may cause
actual results to differ materially from those contemplated.
Potential risks and uncertainties include, but are not limited to,
the risks described in Nova's filings with the Securities and
Exchange Commission.
Company Contact:
INVESTOR RELATIONS:
The Equity Group Inc.
In U.S.
Adam Prior, Senior Vice President
+1 (212) 836-9606
aprior@equityny.com
In China
Katherine Yao, Senior Associate
+86-10-6587-6435
kyao@equityny.com
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