Italy

China Might Not Be Able To Help Italy

China Might Not Be Able To Help ItalyThe Eurozone is undergoing crisis since long time, and hence, concerned authorities, officials and government is seeking help from various countries across the world. It has recently been reported that China might not be able to help Italy get out of debt crisis.

This has been estimated by the analysts after there was a slight rally seen in the world markets, after the meeting between China sovereign -wealth officials.

DLF eyeing Luxottica franchisee

India’s major real estate developer, DLF has announced that it is ready to ink a franchisee pact with Italian group Luxottica to retail its premium and luxury eyeware brands, including Oakley, Ray-Ban, Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace and Polo Ralph Lauren.

According to the sources, Luxottica group deals in designing, manufacturing and distributing prescription frames and sunglasses in the premium and luxury segment.

Luxottica has licence pacts with 20 top brands, including Burberry, Prada, Tiffany and Salvatore Ferragamo.

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