Fenice Retail, the retail subsidiary of Fenice Srl, a company in which Italian fashion influencer Chiara Ferragni now holds a 99% stake, posted aggregate losses in 2023-2024 of €1.2 million, and went into liquidation in May, according to the Radiocor agency.

Fenice Retail’s liquidation means that Chiara Ferragni’s Rome store has closed down too. In 2023 and 2024, Fenice Retail recorded revenues for €644,000, but incurred costs of approximately €2…