Natuzzi: An Undiscovered Italian Gem

Like many other wary pros these days, money managers Allan Raphael and Arthur Lerner think the grass is greener overseas--including Italy, which they admit isn't attracting too many American investors lately. "But if you take the time to look at individual companies in Italy, you'll find a Natuzzi," says Raphael. He's referring to Industrie Natuzzi, the uorld's largest designer and manufacturer of contemporary leather-upholstered chairs and sofas.

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