Latest news with #Floreani
Fashion Network
07-05-2025
- Business
- Fashion Network
Gucci reopens renovated boutique at Beverly Center in Los Angeles
Gucci has reopened its boutique at Beverly Center in Los Angeles, unveiling a newly renovated space. Reflecting recent updates to Gucci flagships on Milan's Monte Napoleone and New York's Wooster Street, the redesigned 6,200-square-foot store incorporates a minimalist interior design aimed at showcasing the brand's products. Design details include sage green carpeting to define separate areas of the store, brushed steel countertops, and modern furnishings by Nalesso and Floreani. The updated space is intended to emphasize Gucci's 'Made in Italy' values of craftsmanship, authenticity, and timeless style. The Beverly Center boutique opens with a broader selection of the Italian luxury brand's men's and women's collections, including handbags, shoes, accessories, ready-to-wear, and items from the Gucci Valigeria travel line. The boutique features an expanded assortment of signature pieces, such as the Gucci Softbit and GG Marmont handbags, presented alongside the brand's latest Fall-Winter collection.
Fashion Network
07-05-2025
- Business
- Fashion Network
Gucci reopens renovated boutique at Beverly Center in Los Angeles
Gucci has reopened its boutique at Beverly Center in Los Angeles, unveiling a newly renovated space. Reflecting recent updates to Gucci flagships on Milan's Monte Napoleone and New York's Wooster Street, the redesigned 6,200-square-foot store incorporates a minimalist interior design aimed at showcasing the brand's products. Design details include sage green carpeting to define separate areas of the store, brushed steel countertops, and modern furnishings by Nalesso and Floreani. The updated space is intended to emphasize Gucci's 'Made in Italy' values of craftsmanship, authenticity, and timeless style. The Beverly Center boutique opens with a broader selection of the Italian luxury brand's men's and women's collections, including handbags, shoes, accessories, ready-to-wear, and items from the Gucci Valigeria travel line. The boutique features an expanded assortment of signature pieces, such as the Gucci Softbit and GG Marmont handbags, presented alongside the brand's latest Fall-Winter collection.
CBC
29-04-2025
- Business
- CBC
Social media 'finfluencer' breached Alberta's security laws, says watchdog
Social Sharing A Canmore "finfluencer" broke securities laws by failing to disclose that he'd been paid to promote the stocks of four companies, the Alberta Securities Commission has ruled. The commission issued its 22-page decision against self-proclaimed financial guru James Domenic Floreani, known on social media by his handle Jayconomics. The province's securities watchdog found that Floreani was acting as a financial influencer — finfluencer — when he breached the Alberta Securities Act in posts to his YouTube, X and Patreon accounts. Between November 2020 and March 2022, Floreani promoted four Canadian companies: Tenet Fintech Group Inc., Gold Mountain Mining Corp., Levitee Labs Inc. and Sekur Private Data Ltd. Followers acting on recommendations Those companies paid him, in total, over $100,000 for the sponsored content, according to the ASC. At the time, Floreani's YouTube account had more than 50,000 subscribers. Alberta's Securities Act requires anyone who is engaged in investor relations to clearly disclose when content is created on behalf of an issuer, which the ASC ruled Floreani failed to do. "Such disclosure is important because it helps prospective investors assess the objectivity of the information presented," said the ASC in a statement. "He made recommendations about purchasing certain securities to members of his audience, and the public comments on [Floreani's] posts demonstrated that viewers were acting on those recommendations." No finance or investing experience One of the titles of a Jayconomics YouTube video was: "This Stock EXPLODED to the NASDAQ." The ASC noted Floreani did not have experience or formal education in finance or investing. On his LinkedIn page, Floreani described Jayconomics as "a Canadian digital media company specializing in the creation of educational finance content with the goal of democratizing the financial landscape for all." Floreani told investigators he was not familiar with securities law and was unaware that the posts should have included such disclosure. Although the commission noted that ignorance of Alberta securities laws is not a defence, the ruling did state that Floreani's explanation "may be relevant to what sanctions are appropriate." Health issues, threats In its press release, the ASC recognized the growing trend of online finfluencers, noting that "not all information is provided by qualified individuals." In his interview with ASC investors, Floreani said he stopped posting financial content in early 2022 after he and others lost money. Floreani told investigators he found it difficult to deal with those consequences and said his health suffered as a result. He also said he'd begun receiving threats online.
Calgary Herald
28-04-2025
- Business
- Calgary Herald
ASC finds Canmore 'finfluencer' guilty of breaching Alberta Securities Act
A Canmore resident branding himself as a financial guru breached Alberta's Securities Act when he promoted four companies' stock to his thousands of followers without properly disclosing the posts were sponsored by those companies, according to the Alberta Securities Commission (ASC). Article content Article content A news release from the securities law regulator Monday said that between November 2020 and March 2022, Canmore's James Domenic Floreani was acting as a financial influencer – a 'finfluencer' – by creating online content that showcased his financial savvy and investment advice. Article content Article content In a 19-page ruling issued last week, the commission revealed that Floreani posted promotional content on YouTube, X and Patreon on behalf of four Alberta reporting issuers without adequately informing his audience the posts were paid for by those companies. Article content Article content Article content The ASC ruled that Floreani presented himself as knowledgeable and familiar with industry jargon, despite not actually having any formal education in finance or investing. His financial education was limited to a few introductory finance courses at Concordia University, as well as online courses offered through a platform called Udemy. However, none of these courses touched on securities law or regulation, according to the commission. Article content The Facebook page for Jayconomics describe it as a Canadian digital media company that specializes in educational finance content with the goal of 'democratizing the financial landscape for all.' The company's YouTube page had upwards of 50,000 subscribers, the ASC noted.
Cision Canada
28-04-2025
- Business
- Cision Canada
ASC finds that 'finfluencer' James Domenic Floreani and Jayconomics Inc. breached Alberta securities laws
CALGARY, AB, April 28, 2025 /CNW/ - The Alberta Securities Commission (ASC) has found that James Domenic Floreani and Jayconomics Inc. (the Respondents) breached the Securities Act (Alberta) by engaging in investor relations activities and failing to disclose that social media posts he shared as part of those activities were made on behalf of four Alberta issuers. An ASC panel determined that, between November 2020 and March 2022, Floreani was acting as a 'finfluencer' – someone who creates online content focused on finance, investment products, and advice. Floreani presented himself as knowledgeable and sophisticated in finance and investment, demonstrating familiarity and competence with the relevant terminology. In reality, Floreani did not have any formal education in finance or investing. He made recommendations about purchasing certain securities to members of his audience, and the public comments on the Respondents' posts demonstrated that viewers were acting on those recommendations. The panel found that a number of the posts made by Floreani on YouTube, X, and Patreon failed to clearly and conspicuously disclose that they were made or disseminated on behalf of the issuers, as required by the Act. Such disclosure is important because it helps prospective investors assess the objectivity of the information presented. The proceeding will now move into a second phase to determine what, if any, orders for sanction or cost-recovery ought to be made against the Respondents. The timing of the next steps will be set after hearing from the parties. A copy of the decision is available on the ASC website at Check before investing The ASC recognizes that investing advice and information is readily accessible online, however not all information is provided by qualified individuals. To help protect themselves, investors should verify that the investment professionals, firms and online trading platforms they plan to use are registered by visiting the Check Registration page on Registration requires individuals, firms and platforms to be qualified to sell securities and to comply with securities laws and requirements, such as risk management, disclosure and client-focused behaviour. The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
