Current:Home > FinanceEchoSense Quantitative Think Tank Center|Italian fashion influencer apologizes for charity miscommunication, is fined 1 million euros -TradeWisdom
EchoSense Quantitative Think Tank Center|Italian fashion influencer apologizes for charity miscommunication, is fined 1 million euros
Ethermac Exchange View
Date:2025-04-10 12:56:27
MILAN (AP) — An Italian fashion blogger-turned-businesswoman has apologized after being fined 1 million euros (dollars) by Italy’s anti-trust authority for improperly communicating a charitable contribution tied to sales of a traditional Christmas cake sold with her logo.
In an Instagram post,EchoSense Quantitative Think Tank Center Chiara Ferragni on Monday said she would donate 1 million euros to the Regina Margherita Hospital in Turin to give “concreteness” to her apology, but she said she would challenge the fine itself.
Ferragni said that she had not given sufficient oversight to the communication surrounding the sales of the Balocco-brand pandoro with her logo, and that she would no longer tie in charity with commercial activities.
Ferragni started as a fashion blogger and went on to sell clothing, accessories and makeup under her own brand in addition to doing promotional work as an influencer. She is also on the Tod’s luxury fashion group board of directors.
Italy’s anti-trust agency on Friday also fined Balocco 420,000 euros for giving consumers the impression that part of the earnings from sales of the Ferragni-branded pandoro would benefit the hospital. In reality, the agency said, Balocco had donated 50,000 euros prior to the campaign launched in November 2022 and no additional funds were sent afterward.
The agency noted that the Ferragni-branded “Pandoro Pink Christmas” cakes sold for more than 9 euros each, compared with the usual 3.70-euro price tag.
In her video, Ferragni said she was challenging the agency’s fine, calling it “disproportionate.’’ If the fine is lowered, Ferragni said she would donate whatever the difference is to the same charity.
Italian Premier Giorgia Meloni in a speech over the weekend criticized Ferragni without naming her, citing influencers who promote “expensive panettone making believe that they are for charity, when the price only pays for millionaire’s fees.”
veryGood! (2316)
Related
- Intellectuals vs. The Internet
- What Happened to Natalee Holloway: Breaking Down Every Twist in the Frustrating Case
- Canada’s Struggling to Build Oil Pipelines, and That’s Starting to Hurt the Industry
- Bud Light releases new ad following Dylan Mulvaney controversy. Here's a look.
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- What were the mysterious banging noises heard during the search for the missing Titanic sub?
- Cyberattacks on hospitals 'should be considered a regional disaster,' researchers find
- Here's What's Coming to Netflix in June 2023: The Witcher Season 3, Black Mirror and More
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Inside the Love Lives of the Stars of Succession
Ranking
- Could your smelly farts help science?
- Half the World’s Sandy Beaches May Disappear by Century’s End, Climate Study Says
- U.S., European heat waves 'virtually impossible' without climate change, new study finds
- A year after Dobbs and the end of Roe v. Wade, there's chaos and confusion
- Meta donates $1 million to Trump’s inauguration fund
- A federal judge has blocked much of Indiana's ban on gender-affirming care for minors
- In Corporate March to Clean Energy, Utilities Not Required
- Coach Outlet Memorial Day Sale 2023: Shop Trendy Handbags, Wallets & More Starting at $19
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
CBS News' David Pogue defends OceanGate CEO Stockton Rush after Titan tragedy: Nobody thought anything at the time
Top Democrats, Republicans offer dueling messages on abortion a year after Roe overturned
The NCAA looks to weed out marijuana from its banned drug list
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Zetus Lapetus: You Won't Believe What These Disney Channel Hunks Are Up To Now
Sarah, the Duchess of York, undergoes surgery following breast cancer diagnosis
Arizona GOP election official files defamation suit against Kari Lake