Food the new frontier for Italian luxury - FT.com:
"Sales of “Made in Italy” €1,000 handbags and €700 shoes may be slowing amid falling demand from Chinese buyers and austerity-minded US and European consumers. But premium Italian foods — from raisin-filled Christmas sponge cakes to Parmesan cheese and gianduja hazelnut chocolate — have become a feeding ground for investors looking to jump into the global trend for eating well."
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