Hi, I took a look at the links and, in general, I do not think they would hurt your site because they all seem to be internal links that are related to your website so that is good. With that said, it is a lot of links. I might suggest limiting each section to 5 links or maybe moving Fabrics & Lace, Dressmaking & Couture, etc to another page.
I did notice 2 other things to look at though. The URL in these links may be flagged as spam. For ex, look at this URL: http://www.ditalia.com.au/wedding-dress-wedding-dresses-and-bridal-gowns-designed-and-made/vintage-wedding-dresses. A search engine may take this as spamming the URL with keyword "wedding dress".
Also, I noticed a small glitch and is a little difficult to explain. The white "d'Italia" logo in the top-middle of the page seems to be interfering with these links a little bit. As you scroll down the page, if any of the links are near the same height as this logo, the logo seems to block the link. For ex, put the link "Hot to Cut & Tear & Cut" right below the logo and try to click on it. You can't. You can't click on the "The Difference Between Dressmaking & Couture" link either in the other column to the left.
Hope that helps.