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Coca Cola pulls ad with Ferragni after Balocco pandoro case

Coca Cola pulls ad with Ferragni after Balocco pandoro case

According to a report in newspaper La Repubblica

ROME, 05 January 2024, 13:12

Redazione ANSA

ANSACheck

- ALL RIGHTS RESERVED

-     ALL RIGHTS RESERVED
- ALL RIGHTS RESERVED

Coca Cola has pulled a television commercial featuring businesswoman and social influencer Chiara Ferragni amid a furore that broke out after it emerged that she had allegedly profited from a charity initiative regarding a "designer" version of the popular 'pandoro' Italian Christmas cake, according to a report in La Repubblica newspaper on Friday.
    The advert had allegedly been due to go on air from the end of January, just before the opening of the popular annual televised Sanremo song festival.
    Neither Ferragni, 36, or the multinational company have officially communicated the news.
    Before Christmas Italian eyewear company Safilo announced the termination of its licensing agreement with the influencer for the production and distribution of branded sunglasses and eyeglasses.
    The announcement came shortly after Italy's Antitrust authority said it had issued fines of over one million euros to companies linked to Ferragni and 420,000 euros to Italian confectionery company Balocco for unfair commercial practice in relation to sales of a branded pandoro on grounds the companies had allegedly led customers to understand that by purchasing the product they would have contributed to a donation to the Regina Margherita pediatric hospital in Turin.
    The donation of 50,000 euro had instead already been made by Balocco on its own months earlier.
    The companies linked to Ferragni allegedly made more than one million euro from the initiative.
    Shortly after, Ferragni found herself at the centre of a fresh storm regarding a charity Easter Egg produced by Dolci Preziosi that allegedly earned her far more than the amount donated to the good cause in question.
    Premier Giorgia Meloni alluded to the case during her closing speech at her Brothers of Italy (FdI) annual political Atreju festival in Rome and again during her year-end press conference on Thursday.
    "There is an issue of transparency in donations, on which we perhaps need to work" so that individual cases "do not impact on charity giving," Meloni told reporters in Rome.
    "Getting to grips with the current rules on transparency and possibly imagining better ones could be a useful exercise for everyone," she added.
   

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