City Girl, a line of moderately priced women's casual clothing with ornate touches, is sold only at Proffitt's stores.

FORBES: Businessman with a politician's touch

Assets: Owns 72% of Luxottica, which in turn owns Lenscrafters in the U.S. Other holdings include stake in Italy's GS hypermarket chain and 100% of U.S. women's clothing retailer Casual Corner.

FORBES: Europe

Then, on a flight from New York to Milan in 1997, Leonardo mentioned to Claudio that he was at his wit's end with Casual Corner, the ailing women's apparel chain that had come with his acquisition of LensCrafters' parent, U.S. Shoe.

FORBES: The Son Also Rises