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OVERVIEW

A culture of material research, innovation and functionality are the values that have always defined Stone Island, an apparel brand founded in 1982 by Massimo Osti, with a center of excellence in Ravarino – a small town in the region of Emilia Romagna – and intended to become a symbol of extreme research on fibres and fabrics, applied to an innovative design.

It is truly through the study of form and the “handling” of materials that Stone Island finds its own language, which has extreme research and maximum functionality as founding pillars. Each Stone Island piece is born from a perfect synthesis between experimentation and usability, between the study of fabrics and rationality. The study of uniforms and work clothes becomes the Stone Island observatory in defining a concept in which the function of the garment goes beyond aesthetics. 

An on-going and in-depth investigation on the transformation and ennobling of fibres and fabrics, and on the unique ability to intervene on the finished garment through continuous dyeing experiments have led, over the years, to the discovery of materials and production techniques never previously used and to the development of more than 60,000 different dye recipes.

HISTORY

The first collection of Stone Island was born from the creative mind of Massimo Osti, inspired by the military uniforms and realised with Tela Stella – a fabric that recalls the waxed jackets corroded by the sea and by the sun – resulted from the study of a rigid, full-bodied, two-sided and two-tone truck tarpaulin which underwent a heavy stone wash procedure. To this, a “Badge” – a fabric label showing the Stone Island Wind Rose – was applied. 

BUSINESS MODEL

Stone Island has consistently pushed fabric technology and experimentation, particularly focusing on functionality, resulting in an immediately recognisable signature of cut, form, materiality and colour.

Alongside the Stone Island men’s collection, the brand offers the Stone Island Junior collection – a declination for children and teenagers from 2 to 14 years old. The Stone Island offering, in addition to the Main collection, is structured into three sub-collections, each designed to meet the needs of different market segments: Stone Island Ghost, featuring entirely monochromatic garments with a sophisticated aesthetic; Stone Island Marina, strongly inspired by the navy world and the brand’s archival pieces; and Stone Island Stellina, offering looks with high-performance functionality and essential design.

  • LEARN MORE ABOUT STONE ISLAND COLLECTIONS

Four decades dedicated to textile research, experimentation, study of the garment’s function and innovation, often investigating worlds far from clothing, have made Stone Island a brand defined by its unique and distinctive research and an essential point of reference for the world of apparel and design today.

Important challenges also faced thanks to the commitment of the creative team, who managed to transfer its vision into the product, with passion and enthusiasm, pushing its research efforts in uncharted territories.

The complete product development cycle is managed internally, at its Headquarters in Ravarino, in Emilia Romagna.

Stone Island’s mission has always been to pursue product innovation through continuous deployment of know-how and all-around research on fibres, yarns, fabrics, finishes and dying, while cultivating the ambition to offer a product that is unique in its category.

To achieve this mission, product development has been carefully managed through an internal and integrated system in which modelling, prototypes and dyeing combine with established external partnerships in both research and execution.

The value chain – when it comes to the selection of ancillary materials and components, as well as to manufacture and dyeing – is managed under the strict supervision of Company technicians at established partners that are aligned with the Company’s ethical and regulatory codes.

Fabrics and yarns are supplied by the best Italian and foreign companies, in particular from Japan and Korea.

Manufacturing is in Italy, in the Mediterranean basin and in the Far East, at established third-party companies trained in the know-how needed to satisfy the brand’s standards of quality and sustainability.

The Stone Island brand is distributed globally both through the wholesale channel and with direct presence (retail stores). The brand is currently present in the most important department stores in the world, also with dedicated spaces (shop-in-shops), in the best multi-brand boutiques and in the main e-tailers, besides having developed a network of 90 directly managed mono-brand stores as well as the online store. In 2024, the e-commerce (site) was internalized, accompanied by the implementation of a new front-end concept for the platform, designed to enhance user experience and align with Stone Island’s new global communication strategy.

In line with the Group’s strategy aimed at the integrated development of its distribution channels, Stone Island has been steadily advancing on the path toward greater control of distribution on international markets, through a progressive direct management of the markets previously managed by distributors and through the expansion of the DTC channel. Indeed, after the internalization of the distribution in the Korean and in the Japanese markets as well as the internalization of the DTC channel in UK in 2022, in 2024 Stone Island completed the process initiated at the end of 2023 to assume full control of the brand’s distribution in the Chinese market.

At the same time, the Company keeps enhancing its control and doors’ selection in the wholesale segment, a channel of strategic importance for Stone Island, with the aim of further elevating the positioning of the brand itself.

In 2024 the wholesale channel accounted for 48% of revenues while the remaining 52% was generated by directly managed stores and the online channel. As of 31 December 2024, the network of Stone Island mono-brand stores comprised 90 directly operated stores (DOS), a net decrease of 1 unit compared with 30 September 2024 and a net increase of 9 units compared with 31 December 2023. The Stone Island brand also operated 9 mono-brand wholesale stores, a net decrease of 6 units compared with 31 December 2023.

The product is the absolute protagonist in every marketing activity, starting from the brand narrative.

Over the years, the brand has created a strong and recognisable iconography entrusted to the multiculturalism expressed by the faces of the models and the direct photo shoot on a white background where the garments are perfectly legible.

Stone Island’s tone of voice is direct and informative. Without adjectives, it is closer to the rigour of industrial design than to the world of fashion.

In 2024, Stone Island unveiled its “The Compass Inside” manifesto and launched the first of its “Community as a Form of Research” advertising campaigns. A creative direction led by Ferdinando Verderi which sees members of its community wearing emblematic items from the collection, shot by photographer, David Sims. Those featured in the campaigns to date include actor Jason Statham, musicians Dave and Liam Gallagher, designer Philippe Starck and the first ever female community member in a Stone Island campaign, DJ and producer Peggy Gou.

“The Compass Inside” is a declaration of values and beliefs that are innate to Stone Island. Founded in 1982 with a mission to put material research and innovation at the centre of its product development and collections, “The Compass Inside” speaks to every member of the ever-growing Stone Island global community with a shared purpose that gives Stone Island its unique strength.

Over time Stone Island got closer to the music world, an important brand’s communication tool, with STONE ISLAND PRESENTS, a project for international music events featuring since 2015 high profile talents from the electronic music scene and more, and with STONE ISLAND SOUND, founded in 2020, a project that supports contemporary music production with the aim of promoting local communities while building an ideal world sound map. STONE ISLAND SOUND evolved in 2024, creating a platform to explore sound through the communities who create it, through partnerships with artists and creators, with sound distributed via Apple Music and Spotify.

In 2023, Stone Island announced a global multi-year partnership with Frieze, a leading international contemporary art and culture platform. Commencing at Frieze London in October 2023, Stone Island became the Official Partner of Focus, the section dedicated to galleries of younger talents, and of Frieze 91, the global membership program that provides access to the communities and art-shaping contemporary culture.

Both the brand’s website and its social media platforms offer a window on the world of Stone Island. Stoneisland.com has been entirely rebuilt and brought in-house, to create a truly authentic Stone Island experience. The modular design allows for an ever-evolving narrative, whether it be the LAB of Stone Island’s product research and development, or the LIFE of the global communities who make Stone Island their own. Meanwhile, a virtual manifestation of the brand’s itinerant Selected Works exhibition offers visitors the chance to be immersed in Stone Island‘s renowned archive.

Stone Island is present on Instagram and the other main social media platforms.

The common thread that runs through the history of Stone Island’s collaborations is that they take place with mutual respect between collaborators. This was the case for the ante litteram collaborations launched, already in 2009, with Adidas and New Balance; and this further strengthened with other important collaborations including Supreme from 2014 to today, Nike from 2016 to 2019, Persol in 2020, and reciprocal know how capsule with Dior and Kim Jones in 2024, while long term partnerships continue with Porter and New Balance.

VALUES AND PURPOSE

Stone Island has come to represent Lab & Life together through its commitment to continuous research and innovation combined with the community that has grown around the brand through its unique universal intersection with generations, geographies and culture.

LAB is the constant, deep and relentless research into the transformation and enhancement of fibres and fabrics, which leads to the discovery of new materials and production techniques that have never been previously used in the clothing industry.

LIFE is the lived experience, the identity, the community of those who are proud to wear Stone Island. It is the strong and recognisable aesthetic that originates from the study of uniforms and working clothes, recreated with new needs in mind, to define a project where the function of the garment is never just aesthetic.

The product-centred ethos spreads through both the Stone Island collection and all those living the brand, every day, inside and outside of the Company.

KEY FINANCIAL HIGHLIGHTS

 

REVENUES BY CHANNEL

STONE ISLAND

FY 2024

FY 2023

% vs 2023

EUR 000

%

EUR 000

%

rep FX

cFX

DTC

208,935

52.0%

172,844

42.0%

+21%

+23%

Wholesale

192,674

48.0%

238,214

58.0%

-19%

-19%

REVENUES

401,609

100.0%

411,058

100.0%

-2%

-1%

REVENUES BY REGION

STONE ISLAND

FY 2024

FY 2023

% vs 2023

EUR 000

%

EUR 000

%

rep FX

cFX

Asia

105,201

26.2%

89,441

21.8%

+18%

+23%

EMEA

268,910

67.0%

287,506

69.9%

-6%

-7%

Americas

27,498

6.8%

34,111

8.3%

-19%

-18%

REVENUES

401,609

100.0%

411,058

100.0%

-2%

-1%

MONO-BRAND STORES NETWORK

STONE ISLAND

31/12/2024

30/09/2024

31/12/2023

Asia

56

56

48

EMEA

27

28

26

Americas

7

7

7

RETAIL

90

91

81

WHOLESALE

9

11

15