Overview

• TBS Crew and Fenice ended 2024 with losses of €2.3 million and €3.4 million, respectively, totaling €5.7 million.
• Investors approved Fenice’s 2024 financial report at the June 26 assembly despite a dissenting vote from shareholder Pasquale Morgese.
• Ferragni injected €6.4 million in April through a capital increase that raised her stake from 37.5% to 99.8%.
• Fenice Retail, the group’s physical retail arm, has been placed into liquidation to concentrate on core brand activities.
• Sisterhood has not published its 2023 and 2024 accounts and Ferragni faces a €5.9 million damage claim from eyewear partner Safilo.