Moncler acquires remaining 30 of Stone Island
Moncler, the Italian maker of luxury puffer jackets, has agreed to buy Stone Island in a cash-and-share deal that values its smaller domestic rival at €1.15bn. In the first step of a two-part.
Italian Fashion House Moncler Has Bought Stone Island GQ
(Moncler) The strategy comes as the company seeks to keep up growth after sales rebounded sharply from the pandemic. In the first quarter of 2022, Moncler's sales rose 29 percent, the company said, while Stone Island grew 32 percent. Both labels beat analyst estimates.
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Stone Island is an Italian luxury fashion house specialized in men's apparel, outerwear, and accessories headquartered in Ravarino, Emilia-Romagna, Italy.Its core branding includes a Nautical star and compass, both of which is printed or overlayed atop a button-on cloth badge with green, yellow, and black detailing.. Founded in 1982 by Massimo Osti, the brand popularized during the 1980s and.
Moncler kauft Stone Island Shopping Guide
The Moncler Group with its two brands - Moncler and Stone Island - represents the expression of a new concept of luxury, far from the traditional stereotypes and embracing the search for experientiality, inclusivity, a sense of belonging to a community and the mixing of diverse meanings and worlds including those of art, culture, music and sport.
Stone Island Authentic Moncler Crinkle Reps Puffer Jacket Grailed
STONE ISLAND JOINS THE MONCLER GROUP In December, Stone Island announced its entry into the Moncler Group. History
END feature Moncler Genius, Stone Island, ACOLDWALL* & More in their Fall/Winter Editorial
Moncler has now purchased the remaining 30 percent of Stone Island for $419 million, following the initial deal in December that valued the brand at €1.15 billion ($1.4 billion). The deal is.
Moncler's CEO On What's Next for Stone Island Highsnobiety
The stakes purchased by Moncler were primarily held by Stone Island chief executive Carlo Rivetti and his family. Pending board review at a meeting set for March 25, 2021, the Rivetti family and Singapore-based holding company Temasek Holdings Ltd. (which owned a 30 percent stake in Stone Island prior to the Moncler acquisition) will receive an.
Moncler e Stone Island l'unione fa la forza
MILAN (Reuters) - 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.
Moncler adquiere la firma Stone Island, un reto para la moda alpina
Moncler Group said sales were up 16 per cent year-on-year, to over €1.8 billion, in the first nine months of 2023, meeting analyst expectations. Shares fell 2.7 per cent after markets closed on Thursday. By brand, Moncler revenues were up 19 per cent year-on-year at €1.5 billion. Stone Island revenues rose 2 per cent to €310.1 million.
Stone Island Is Acquired by Moncler for 1.39 Billion
Stone Island is a NEO LUXE menswear brand with a culture of research, experimentation, function and use. Discover the Stone Island brand and its history.
Moncler Has Acquired Stone Island for AUD 1.88 Billion
Financial Moncler Takes Full Control of Stone Island The company is acquiring the remaining 30 percent stake in Stone Island owned by Singapore-based Temasek for 345 million euros. By.
Moncler Buys Stone Island for €1.15 Billion The Sole Supplier
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.
Moncler Just Acquired the Remaining Shares of Stone Island
Moncler SpA agreed to buy Stone Island, a rival maker of high-end sportswear, for 1.15 billion euros ($1.4 billion) in cash and shares, investing in a new platform for growth as the pandemic.
Moncler acquisisce Stone Island l'operazione è da 1.6 miliardi Outpump
Remo Ruffini on Moncler's 1.15B Euro Acquisition of Stone Island, New Luxury World. Moncler, together with Stone Island, "will offer to new generations a new concept of luxury, far from the.
Moncler x Stone Island!
GROUP Born on 1 April 2021, Moncler Group, with its two brands - Moncler and Stone Island -, represents the expression of a new concept of luxury, which embraces the search for experientiality, inclusivity, a sense of belonging to a community and the mixing of diverse meanings and worlds including those of art, culture, music and sport.
Moncler buys Stone Island, will accelerate expansion
"Stone Island reminds me a lot of Moncler 10 years ago," Remo Ruffini, Moncler S.p.A. chairman and chief executive told investors during a call on Monday. He noted that Stone Island's distribution makeup was the same as Moncler a decade ago, with 80 per cent wholesale and 20 per cent retail, and also has similar margins and revenues.