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Safilo Demands €5.9 Million From Ferragni’s Fenice After ‘Pandoro Gate’

The dispute follows Safilo’s December 2023 termination of Ferragni’s licence, spawning a €3.65 million counterclaim by Fenice alongside shareholder challenges to a €6.4 million recapitalization.

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Overview

  • Safilo filed its suit in May 2024 in Milan’s court, seeking €5.9 million in damages over alleged breaches of its eyewear licensing and advertising agreements linked to the ‘Pandoro Gate’ episode.
  • Fenice Srl responded with a €3.65 million counterclaim for unpaid royalties and reputational harm, arguing that Safilo’s unilateral exit lacked contractual basis.
  • Shareholder Pasquale Morgese injected €6.4 million to gain majority control of Fenice and has lodged legal challenges against the company’s 2023 financial statements and recapitalization approvals.
  • Fenice also faces mediation or termination disputes with fashion licensee Swinger International, pharmaceutical partner Angelini and children’s wear collaborator Monnalisa Spa.
  • Chiara Ferragni is separately scheduled to appear for a criminal trial on charges of aggravated fraud on September 23, 2025.