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Fashion

New Balance announces collaboration with Stone Island

New Balance has confirmed a long-term partnership with Italian apparel brand Stone Island, with the first collaborative products set to be released later this year. Described as a collaboration between “two cultures of innovators” the American label said both brands shared “similar values of research and functionality in their respective areas...

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BusinessFeatured

Moncler to acquire Stone Island

Italian luxury label Moncler has announced it is to acquire fellow Italian brand Stone Island in a deal that values the latter at 1.15 billion euros. Remo Ruffini, chairman and CEO of Moncler, said the partnership will “offer to new generations a new concept of luxury, far from the traditional stereotypes in which young people no longer...

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