LOS ANGELES, Feb. 12, 2018 (GLOBE NEWSWIRE) -- The release issued earlier today with the headline [Nova LifeStyle Products at Winter 2018 Las Vegas Market Highlighted by Furniture Today] by Nova Lifestyle, Inc. (NASDAQ:NVFY) is being updated by this version. The updated version follows:
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Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company"), a leading U.S.-based, innovative designer and distributor of modern LifeStyle home products, today announced that the Company was featured in the January 31, 2018 issue of “Furniture Today,” a leading furniture industry publication that had extensive coverage of the Winter 2018 Las Vegas Market. The event, which took place in Las Vegas, NV from January 28 through February 1, saw attendance grow 17% from last year’s event, marking the busiest Las Vegas Market in years. Nova LifeStyle featured its highly successful “Hollywood Glam Collection,” which has garnered orders from notable hotel conglomerates in Las Vegas and elsewhere.
“We are very excited to kick off 2018 with what was one of our best Las Vegas Market showcases in years, with expanded product selections, availability and steady customer flow to our showroom. Nova LifeStyle is benefiting from an expanding economy and capitalizing on record customer flows,” said Nova LifeStyle CEO Tawny Lam.
Ms. Lam continued, “The latest record sales in Las Vegas built upon Nova Lifestyle’s recently raised earnings guidance for 2017, setting the stage for what we see would be solid earnings growth in 2018.”
At the Winter Las Vegas Market, Nova LifeStyle showcased its “Hollywood Glam” collection, a tribute to the classic glamour and elegance that recalls the Golden Era of Hollywood. The Company has received considerable customer interest in this collection, particularly the lush interplay of deep jewel tone velvets, rich woven fabrics, delicate tailoring and injections of gold and polished framing.
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About Nova LifeStyle
Nova LifeStyle, Inc., a NASDAQ Global Market
listed company headquartered in California,
is a fast growing, innovative designer and
distributor of modern LifeStyle furniture;
primarily sofas, dining rooms, cabinets,
office furniture and related components,
bedrooms, and various accessories in
matching collections. Nova's products are
made in the US, Europe, and Asia that
include LifeStyle brands such as Diamond
Sofa, Nova QwiK, and Bright Swallow
International. Nova's products feature urban
contemporary styles that integrate comfort
and functionality, incorporating upscale
luxury designs appeals to middle and upper
middle-income consumers in the U.S., China,
Europe, and elsewhere in the world. Visit
Nova LifeStyle’s website at www.NovaLifeStyle.com.
Safe Harbor Statement
All 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.