Fenice, the company controlled by influencer Chiara Ferragni, recorded a small loss for FY‑2025 despite higher revenues and a recent capital increase following the dismissal of a legal case. The result signals that revenue growth alone may not guarantee profitability for influencer‑driven brands, and the continuing dispute with partner Morgese could affect strategic decisions and investor confidence. Chiara Ferragni (founder and controlling shareholder), Fenice (her corporate vehicle), and co‑shareholder Morgese. The parties may seek a settlement or renegotiate their shareholder agreement, while Fenice will likely release quarterly updates to show whether the loss was a one‑off. The article reports that Ferragni’s holding company Fenice closed 2025 with a modest negative result, even though turnover rose and the firm received a cash infusion after being cleared in a legal matter. The ongoing disagreement with co‑shareholder Morgese over governance and future direction is highlighted as the main lingering issue. No new developments beyond the financial summary and the dispute are mentioned.
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