Serendipity, the company that manages Chiara Ferragni Collection brand, interrupts the licensing collaboration with Pasquale Morgese, an Apulian entrepreneur minority shareholder with a 27.5% stake in the company, and signs a licensing agreement as a production partner with Swinger International, a Venetian company of Mathias Facchini and Sara Cavazza, owner of the Genny brand and licensee of Versace Jeans Couture and Cavalli Class. The agreements for the production of shoes and other accessories with Mofra and N1, companies from Morgese, were terminated with the payment of a penalty of 4 million. The choice would have been implemented to raise the positioning of the Chiara Ferragni brand.

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