THE NEW MONCLER INVESTOR RELATIONS APP IS NOW AVAILABLE
A culture of research, experimentation, function and use are the basis of the matrix that have always defined Stone Island: a casual menswear brand, established in 1982, which has become a symbol of extreme research on fibres and textiles, through the continuous experimentation of dyes and treatments on the finished garment.
|12/07/2020||Transcript conference call||view|
|12/12/2020||Press release of Ruffini Partecipazioni Holding S.r.l. dispatched by Moncler S.p.A.||view|
|12/13/2020||Information document for the transaction of greater importance with related parties (Italian version only)||view|
|02/23/2021||Moncler acquires from Temasek also the remaining 30% of Stone Island||view|
|02/23/2021||Press Release of RPH Holding released by Moncler||view|
|03/04/2021||Directors' explanatory report on the capital increase reserved for Rivetti Shareholders and Venezio||view|
|03/04/2021||Appraisal report of Sportswear Company S.p.A. (Italian version only)||view|
|03/04/2021||Opinion of the auditing firm on the fairness of the issue price of the shares (Italian version only)||view|
|03/25/2021||Extraordinary Shareholders' Meeting||view|
|03/31/2021||Completion of the Stone Island transaction||view|
“Fashion is not what we wear, fashion is a language. It is not having but belonging. It is a community. It is experience. With Moncler Genius – launched in 2018 – Moncler went beyond luxury and started to talk to the younger generations in their own language”, said Remo Ruffini, chairman and CEO of Moncler. “With Stone Island Moncler will further develop in this direction: two Brands with their own uniqueness, with their DNA and distinctive positioning, highly complementary. Stone island fits perfectly with Moncler, it reminds of Moncler 10 years ago. This is an union of two Italian families with common roots, the same obsession for brand’s purity and a continuous strive for innovation, which came together to develop a new shared vision of luxury and to fully exploit each brand’s strong potential”.
Moncler acquired 100% of the share capital of Sportswear Company S.p.A., owner of the Stone Island brand, for an equity value of 1.15 billion euros, paid 50% in cash and 50% in shares. The cash out was equal to 575 million euros, completely self-funded. Moncler also issued 15.3 million new shares dedicated to the shareholders of Sportswear Company S.p.A. (Rivetti family and Temasek Holding Private Limited).
The closing occured on 31 March 2021 and, starting from 1 April 2021, Stone Island is consolidated into Moncler. Upon completion of the agreements, Carlo Rivetti has joined the Group’s Board of Directors.