Stone Island

Stone Island is an Italian luxury men’s apparel brand from Ravarino. In December 2020, Stone Island was acquired by the Italian fashion house Moncler.

For the island near St Petersburg, Russia, see Kamenny Ostrov. For the 2000 AD comic, see Stone Island (2000AD)
Stone Island
TypePrivate
IndustryTextile
Founded1982 by Massimo Osti
ProductsClothing
Footwear
Accessories
Revenue€240 million (2020)[1]
€13 million EBITDA
ParentMoncler
WebsiteStone Island

Brand
Stone Island is known by its compass patch that buttons onto the upper sleeve of the left arm

Stone Island is known by its compass patch that buttons onto the upper sleeve of the left arm.[2]

Originally the patches were green edged, badges from around the year 2000 onwards became black edged. There are also a run of rarer 'white badges' which were originally made on certain jackets to celebrate the new millennium. The white badge is now apparent on jackets that use materials that Stone Island develops themselves in-house. Novel jacket designs include the "Liquid Reflective" jacket, that uses thousands of small shards of glass that reflect light.

From the mid 1990s the make has been popular in the football casual subculture in England and throughout the rest of Europe.[3] The brand is often associated with hooliganism and can be seen in many football hooliganism based films, such as Green Street Hooligans and The Football Factory. Canadian rapper Drake is also regularly seen wearing Stone Island, and has helped popularize the brand in hip hop culture.

Stone Island jacket

History

Massimo Osti (1944–2005) started his first label C.P. Company in 1974. Stone Island was originally a diffusion line of his main label.[4] The brand specialized in surface treatment of fabrics and dyeing techniques. GFT bought the company in 1983, Osti left in 1994, it is now run by Carlo Rivetti.[5]

In August 2017, Stone Island sold Singaporean Sovereign wealth fund Temasek Holdings a 30% stake in its business for a yet to be disclosed sum.[6]

In December 2020, Moncler acquired a majority stake in Stone Island for a reported €1.15 billion.

See also

References
  2. History of the iconic Stone Island Patch
  3. Hooligans BBC
  4. Company history Drapers Online, 2012
  5. "MY HISTORY, MY COMPANY BY CARLO RIVETTI".
  6. "Stone Island Sells 30% Stake to Temasek". The Business of Fashion. 2017-08-01. Retrieved 2017-08-01.
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