Castello de Castagneto Po, the childhood home of French first lady Carla Bruni-Sarkozy is up on the market again, and with 40 rooms and 175 acres of lavish landscape, this is one fairy tale home.

GH Mumm unveiled the GH Mumm F1 box “Limited Edition” last month at the Pavilion Visconti of Milan, in conjunction with the Grand Prix in Monza in 2009.

The packaging is made of exclusive materials such as the carbon interior trim in black velvet and gold plate.

The GH Mumm F1 box “Limited Edition” will be available only in Italy and exclusively on order for €5,000 ($7,300). Bornrich

CRN report the successful launch of the new 72m superyacht, at an open ceremony at the CRN shipyard in Ancona, Italy.

With a distinctive grey displacement hull she is the largest leisure yacht built by CRN to date (CRN is a brand of the Ferretti Group).

Italian fashion designers Donatella Versace, Alberta Ferretti, Anna Molinari for Blumarine, Veronica Etro, Silvia Venturini for Fendi, Consuelo Castiglioni for Marni, Angela Missoni and Rossella Jardini for Moschino, have teamed with Coca Cola for fund raising campaign in support of the victims of the earthquake in Abruzzo, Italy.

Giorgio Armani’s home division is to deck out the interior of exclusive apartments in Rome, as part of a project to convert a historical building into a complex of luxury serviced flats.

Some 62 apartments are planned in the Cavour220 project, a residential block occupying 12,000 sq m and composed of 6 linked buildings surrounding a garden.

Owners will be able to customize the units personal tastes on the basis of layouts and finishes proposed by Armani/Casa, admittedly likely a narrow range.

Italian authorities have shut down a historic Roman restaurant days after it charged a Japanese couple $987 for a seafood lunch.

The tourists filed a fraud complaint with police after being surprised with a bill for pasta and lobster with wine and gelato at the Il Passetto restaurant, just off the popular Piazza Navona square.

Health inspectors arrived within days to shut down the 149-year old restaurant - which has served stars ranging from Charlie Chaplin to Grace Kelly - citing hygiene reasons.