Chiara Ferragni has gained full control of Tbs Crew S.r.l, the company that manages The Blonde Salad online magazine and activities.
Ferragni has acquired the 45 percent stake she did not own from a company called Esuriens srl, belonging to the Morgese and Barindelli families. Financial details of the agreement were not disclosed.
Tbs Crew also operates as a talent agency and digital marketing consultant.
Ferragni thanked her former partners for their support over “these past few years of incredible growth and success for the company.”
Ferragni founded Tbs Crew in 2009 and in 2017 the young digital entrepreneur took on the role of president and chief executive officer.
Ferragni is also the CEO and creative director of Fenice, formerly called Serendipity, which manages her namesake line. As reported, she has been expanding her product offer, launching her first total look collection under her namesake brand for fall 2021 and her first eyewear capsule, which is produced by Luxottica.
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The fall apparel collection is the first to be produced by Swinger International, which also owns Genny and has long been manufacturing the Versace Jeans Couture line. The license with Swinger International was inked last year for the production of ready-to-wear, handbags and accessories branded Chiara Ferragni. Footwear will continue to be produced by Mofra, the previous apparel and accessories licensee.
This story was reported by WWD and originally appeared on WWD.com. To read the full story, please go to WWD.com.
