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Down jacket maker Moncler is buying smaller Italian high-end streetwear and fashion brand Stone Island in a 1.15 billion euro ($1.4 billion) deal which could signal an intention to consolidate.
6415 Stone Island_SS'016_ 530B0 Cardigan knit in plain stitching cotton nylon. Garment dyed
As Moncler's first wholly-owned brand ( Moncler acquired a 49 per cent stake in womenswear brand The Attico in 2018 ), Stone Island marks the beginning of the company's ambitions to become a full-fledged luxury conglomerate.
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Stone Island is set to be acquired by rival brand Moncler, as announced in a press statement this morning, December 7 th. Italian brands Stone Island and Moncler have long been regarded as rival.
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December 7, 2020 at 5:48 AM PST Listen 2:59 This article is for subscribers only. Moncler SpA agreed to buy Stone Island, a rival maker of high-end sportswear, for 1.15 billion euros ($1.4.
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History Designer Massimo Osti founded Stone Island in 1982, in Ravarino, Italy. He founded the brand to compliment his flagship label, C.P. Company, which he started in 1971. [6] Osti sold 50% of Stone Island to GFT (Gruppo Finanziario Tessile) in 1983, before selling the remaining half to GFT in 1991.
Stone Island 573A8 Hand Sprayed Reversible Knit _ Stone island, Island, Stone
In the 19th century Giuseppe Rivetti - son of Giovanni Battista, the first carding machine operator in the Italian textile industry - carrying on the passion of his father, started to secretly sell cows from the family's farm to purchase looms.
Stone Island nieuwe collectie online Van Dijk Store
In July 2017, the Rivetti family, shareholder of Sportswear Company S.p.A., that owns the Stone Island brand, reached an agreement to sell 30% of the company's shares to Temasek, an important investment company based in Singapore. In December of 2020, Stone Island announced its entry into the Moncler group.
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Temasek owns shares in both SPW and Moncler, both directly and through Ruffini Partecipazioni.. Men's wear brand Stone Island was established in 1982, and it is known for its extensive.
Erfahrung Flaute Folgen history of stone island Protest flach Hilflosigkeit
TEMASEK Temasek, investment company based in Singapore, acquired the 30% of Sportswear Company S.p.A., that owns the Stone Island brand. 2020 STONE ISLAND JOINS THE MONCLER GROUP In December, Stone Island announced its entry into the Moncler Group. History
Stone Island Soft Cotton Crew Knit Stone Island
Following Moncler's acquisition of smaller rival Stone Island for roughly $1.4 billion, Moncler's CEO and Chairman Remo Ruffini explains the future.
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23 February 2021 The deal, first announced in December of last year, will give Moncler the entire share capital of Stone Island and its parent Sportswear Company S.p.A. (SPW). The final 30 percent of the purchase is worth around €345 million ($419 million).
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Cult sportswear brand Stone Island found a sweet spot in the age of luxury streetwear. With a €1.15 billion euro deal to acquire the label, Moncler is opening the door to become a multi-brand group. Cult sportswear brand Stone Island found a sweet spot in the age of luxury streetwear.
Pin on 7415 Stone Island Spring Summer '021
Report. Moncler has acquired the remaining 30 percent of the share capital of Sportswear Company S.p.A. (SPW) that owns the Stone Island brand, for a consideration equal to 345 million euros from Temasek. The company also signed an agreement for the purchase of the 70 percent stake held by Rivetex S.r.l. and the Rivetti family of SPW.
스톤 아일랜드(STONE ISLAND) 스웨터 남성 블루 스톤 아일랜드 스웨터 542C2 상품들을 온라인으로 만나보세요
Stone Island is actually an Italian brand, and before it went global was popular with an Italian youth subculture known as " paninaro ", who would hang around the Panino café in Milan wearing brands such as Stone Island, Moncler, and Best Company. As well as inventing new high-tech fabrics, the company also takes its dyeing process very seriously.
Interview Stone Island, the brand adopted by the streetwear crew
Stone Island was created in 1982 in a design lab in Bologna by Massimo Osti. The Italian's roots lay in industrial design, hence Stone Island became synonymous for its stripped-back aesthetic.
STONE ISLAND LogoAppliquéd Shell Jacket with Detachable Liner for Men MR PORTER
Highsnobiety Being an Englishman in the streetwear scene, you notice that there's a bit of a one-way cultural conversation going on. Everyone knows American street culture. Pretty much the entire.
