A €5.9 million damages lawsuit filed by Safilo in court against Chiara Ferragni's Fenice Srl, after the eyewear group decided to terminate the license agreement with the influencer in December 2023 following the pandoro-gate. A move following which Fenice itself, rejecting the legitimacy of the withdrawal, in turn asked Safilo for €3.65 million for "amounts due". And then, the mediation procedure with the Venetian Swinger International, licensee of the clothing line, which would like compensation "for alleged damage to image and turnover", the withdrawal of the pharmaceutical company Angelini from the license contract for the perfume line and the renegotiated one with the partner of the children's line, Monnalisa Spa (which then asked for its early termination plus reimbursement anyway).

This is the list of legal disputes, reconstructed by Radiocor, that emerge from the documents of the appeal with which the partner Pasquale Morgese asks the Milan court to annul the assembly resolutions of Fenice Srl on accounts and recapitalization.

In the passage with which Morgese's lawyers contest the amount, in their opinion excessive, of the risk fund, the potential disputes that last February still weighed on Fenice also emerge (list provided to the shareholders during the last meeting). The most onerous is the one related to the Safilo group with which there was a licensing contract for the Chiara Ferragni brand for the eyewear sector, in addition to a parallel contract for advertising services.

In December 2023, Safilo announced its unilateral withdrawal from both agreements following the intervention of the Competition Authority in the Pandoro case (at the time, in a note, it spoke of a "breach of contractual commitments" by the influencer). A few months later, in May 2024, the eyewear group filed a lawsuit in Milan, requesting compensation of 5.9 million euros. Fenice and Sisterhood (Ferragni's holding company) considered the withdrawal to be illegitimate, arguing instead that the contractual clauses cited by Safilo were generic and not applicable in this specific case. As a counterclaim, Fenice itself then requested the termination of the contract for breach and compensation for failure to collect royalties and damage to its image, for a total of 3.65 million euros. In this specific dispute, Fenice estimates that "there is a risk of defeat of approximately 1.8 million" as "possible if not probable".

(Online Union)

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