mai 14, 2025
Home » Ferragni, the six million reorganization starts but the Morgese partner is already ready to challenge the budget

Ferragni, the six million reorganization starts but the Morgese partner is already ready to challenge the budget

Ferragni, the six million reorganization starts but the Morgese partner is already ready to challenge the budget


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Mario Gerevini and Daniela Polizzi

In the study of a Milanese notary, the clash with the partner Pasquale Morgese, an entrepreneur from the Apulian footwear who voted against the increase. Ferragni ready to sign everything. The company can start again

Chiara Ferragni it starts again, also ready to support the entire capital increase (6.4 million) of Phoenixowner of the brands and key companies of his small empire overwhelmed by Pandoro-Gate. But yesterday in the study of a Milanese notary the clash with the partner also staged Pasquale Morgese. After challenging the budget, the Apulian footwear entrepreneur, asking for clarifications and clarifications with over 30 questions, voted against hearing the appeal. During the Members' Meeting, the representatives of Morgese also announced an action of responsibility against Chiara Ferragni And Paolo Barlettathe previous administrators replaced in November by Claudio Calabi. Therefore a very lively assembly where the Sister's of Ferragni (32.5%), the company Alchemy by Paolo Barletta (40%) and the two Morgese holdings (27.5% overall) were represented by professionals.

Calabi, manager with a considerable experience of renovations

To pull the row of the ordinary and extraordinary assembly was Calabiappointed four months ago sole administrator of Fenice. The manager with a considerable experience of renovations and corporate relaunches had been called, with the agreement of all the shareholders, to put the company back on track and give a perspective to the business after the overwhelming wave of the Balocco case.

Loss of 10.2 million

According to what emerged, the budget numbers highlight a loss of 10.2 million, accumulated in 2023 and in the first eleven months of 2024 (6.9 million and 3.3 million red respectively). Fenice last year had, between capital and reserves, of about 3.5 million. In essence, the balance is a negative net assets for 6.2 million the increase

The need to recapitalize

Hence the need to recapitalize to ensure business continuity in Fenice which has the Chiara Ferragni brand as its only asset (always in the balance sheet for about 135 thousand euros). So the proposal, approved yesterday by majority, of an increase of 6.4 million, which, once the losses is applated, will allow Fenice to start again with a capital of 200 thousand euros, went on the agenda.

The new industrial plan

It was a necessary step, explain sources, to allow the company to process a new industrial plan that could look at the make -up sector, jewelry and leather goods, with a look at international markets. The first contacts of the company, whose activity is aimed at a very young audience (15-28 years), would have already been there, now we will deal with transforming them into agreements.

The disputes of Morgese

Among the disputes made by the consultants of Morgese, the lawyer Filippo Garbagnati and the accountant Guido Zaffaroni, there are a series of budget items starting from the losses of 2023 (6.9 million) considered excessive.

Doubts have been expressed on the method of calculating the risks, on the devaluation of the warehouse, on costs in favor of the TBS Crew company controlled by Ferragni, on the absence of the budget of the controlled Fenice Retail and much more, to the point that Calabi interrupted the assembly about half an hour to prepare the answers. But evidently they did not satisfy the representatives of Morgese who voted against all the points on the agenda. Liability action

The entrepreneur at the head of Mofra Shoes

But the entrepreneur at the head of Mofra Shoes will subscribe, at least in part, the capital increase in order to promote the aforementioned liability action against Ferragni, Barletta and Fabio Damato. The latter until June 2024 was the general manager of Fenice and the right arm of the influencer in the management of the other companies. This also means a request for damages for an alleged, and all to try, violation of the duties of the former administrators in the management of Phoenix until their November resignation.

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11 March 2025

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