# Ferragni brand firm Fenice recovery

> Live situation record from CLSTR: https://clstr.news/situations/ferragni-brand-firm-fenice-recovery
> Updated: 2026-07-26T13:00:36.000Z. Sources: 7. Developments: 3.

In June 2026 Fenice reported a near‑break‑even result, cutting its loss to about €65 000 while revenue rose to €2.7 million after a cost‑review led by manager Claudio Calabi. A €6.4 million capital increase restored liquidity, and Ferragni’s reputation metrics began to rebound following her acquittal in the Pandoro‑gate fraud case. By early July the firm still faced three mult‑million‑euro civil suits – Safilo, Angelini Beauty and Swinger International – and an €800 000 antitrust‑mandated charitable donation. Calabi reiterated cost‑saving measures, cutting his own salary and board fees, confirming Morellato as the only surviving commercial partner and projecting €2.7 million revenue for 2025.

Later in July 2026, social‑media images from Ferragni’s vacation in Portofino, Rome and Lake Como sparked unverified pregnancy rumors; she was seen with new partner José Hernández after her split from rapper Fedez. Neither Ferragni nor her representatives confirmed a pregnancy. While some divisions reported improved revenue, the civil lawsuits and the €800 000 payment obligation remained unresolved, keeping the future of the Fenice‑managed brands under close scrutiny.

## Timeline

### 2026-07-26: Chiara Ferragni faces pregnancy rumors and lingering business legal challenges

Chiara Ferragni is amid unconfirmed pregnancy rumors and ongoing legal disputes tied to the Pandoro Gate, affecting her business recovery.

3 sources. https://clstr.news/cluster/chiara-ferragni-faces-pregnancy-rumors-and-lingering-business-legal-challenges

### 2026-07-22: Chiara Ferragni faces three mult‑million euro lawsuits after Pandoro Gate

Chiara Ferragni, cleared of fraud, still owes €800k to charity and faces three lawsuits demanding €5.9 M, plus other damages, while her firm Fenice posts modest 2025 earnings and cuts executive pay.

2 sources. https://clstr.news/cluster/chiara-ferragni-faces-three-multmillion-euro-lawsuits-after-pandoro-gate

### 2026-06-30: Chiara Ferragni's brand firm Fenice posts near‑break‑even 2025 results

Fenice, the firm behind Chiara Ferragni's brands, posted a 2025 loss of €65,000 versus €3.5 million in 2024, with revenue up to €2.7 million and operating costs halved after restructuring and a €6.4 million cap

2 sources. https://clstr.news/cluster/chiara-ferragnis-brand-firm-fenice-posts-nearbreakeven-2025-results

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Cite as: Ferragni brand firm Fenice recovery. CLSTR, https://clstr.news/situations/ferragni-brand-firm-fenice-recovery