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On Friday, Italy's antitrust authority imposed a 1.075 million euro ($1.17 million) fine on companies controlled by Ferragni as a result of a probe into misleading advertising on Christmas cakes.
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Italy's most famous influencer, Chiara Ferragni, is paying out more than $2 million after being caught duping her nearly 30 million followers into thinking sales of a cake she was promoting.
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ROME, Dec 15 (Reuters) - Companies controlled by Italian fashion influencer Chiara Ferragni must pay a fine of 1.075 million euros ($1.18 million) for unfair commercial practices related to sales.
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Italian influencer Chiara Ferragni, who has almost 30 million followers on Instagram, is under investigation by a local prosecutor and is facing a $1 million fine after she was accused of.
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Prosecutors in Milan opened an investigation into Chiara Ferragni, who in more than a decade as a fashion influencer has amassed an estimated €40m fortune and 29.5 million followers, after she.
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Ferragni is the populist anti-hero of Cucinelli's philosophy. She has harvested 30 million followers on Meta Platforms Inc.'s Instagram and made herself a multimillionaire by entirely eschewing.
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Chiara Ferragni poses for photographers as she arrives for the CNMI sustainable fashion 2023 awards in Milan, Italy, on Sept. 24, 2023. An Italian baked goods company said it acted in "absolute.
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Ferragni indagata per truffa: "Ho agito in buona fede". L'imprenditrice sotto accusa per il caso del pandoro: «Sono serena, ho fiducia nella magistratura». MILANO. Quando è comparsa sui.
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Chiara Ferragni, who has 29.5 million followers on Instagram, was already fined 1 million euros by Italy's anti-trust authority last month. The agency said her company led consumers to believe that sales of the branded Balocco pandoro cakes would result in a charitable contribution to a Turin hospital.
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The influencer who was fined $1 million over 'misleading' charity campaign is now being investigated by prosecutors. Charissa Cheong. Chiara Ferragni is a very popular Italian influencer. Pietro D.
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Explained. Chiara Ferragni landed in hot water over a Christmas cake cross-promotion. In Dec. 2023, fashion influencer Chiara Ferragni found herself in Italian antitrust controversy over what she.
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Chiara Ferragni, who has 29.5 million followers on Instagram, was already fined 1 million euros by Italy's anti-trust authority last month. The agency said her company led consumers to believe.
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ROME, Dec 18 (Reuters) - Italian fashion influencer Chiara Ferragni on Monday admitted to a "communications error" and said she would give 1 million euros ($1.1 million) to a children's.