Nova Lifestyle (NASDAQ:NVFY) (NASDAQ:NVFY) is a designer, marketer and distributor of lifestyle-oriented home and outdoor furniture. Headquartered in Concord, Ontario, the company specializes in furniture categories including indoor seating, tables, storage solutions, casual outdoor seating, pool loungers and bar furniture. Through an omnichannel approach, Nova Lifestyle combines in-house design and sourcing with direct-to-consumer e-commerce platforms, wholesale partnerships with specialty retailers and select brick-and-mortar showrooms.
Since its founding in 1992, Nova Lifestyle has developed proprietary brands as well as third-party private label programs, positioning itself to meet diverse consumer tastes across contemporary, transitional and modern design aesthetics. The company’s product development cycle emphasizes material innovation, ergonomic design and sustainability, with lines that range from steel frames and performance fabrics for outdoor use to solid wood and upholstery collections for residential and contract environments.
Nova Lifestyle serves markets across North America, Europe, the Middle East and Asia-Pacific, leveraging a global network of factories, fulfillment centers and logistics partners. Its distribution footprint includes major online marketplaces, specialty and big-box furniture retailers, hospitality and commercial accounts, as well as its own direct-to-consumer website. Seasonal releases and coordinated marketing campaigns aim to strengthen brand awareness and capture emerging trends in home décor and outdoor living.
The company is led by Chief Executive Officer Yevgeny Kogan, who co-founded Nova Lifestyle and has guided its expansion into international markets. Supporting the executive team are Chief Operating Officer Michael Dixon and Chief Financial Officer Daniel Ofek. Under their leadership, Nova Lifestyle continues to invest in digital capabilities, supply chain efficiencies and product innovation to drive sustainable growth in the global furniture industry.
