Stone Island

Last updated
Stone Island
Company type Società per azioni
Industry Fashion
Founded1982;42 years ago (1982) in Ravarino, Italy
Founder Massimo Osti
HeadquartersRavarino, Italy
Key people
Robert Triefus (CEO)
Revenue €401 million (2022) [1]
Parent Moncler
Website Stone Island

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 overlaid atop a button-on cloth badge with green, yellow, and black detailing.

Contents

Founded in 1982 by Massimo Osti, the brand became popular during the 1980s and 1990s in Europe and Japan, and during the 2010s, in the U.S. and Canada. Stone Island uses trademark reflective fabric, dyeing compounds, and surface treatments to produce garments. It was acquired by Italian fashion house Moncler in 2020 for €1.15 billion. [2] [3]

It is a global staple of youth subculture as characterized by Italian Paninaro , English football casuals, British, American, and Canadian hip hop culture, as well as world-wide streetwear. [4] [5]

History

Designer Massimo Osti founded Stone Island in 1982, in Ravarino, Italy. He founded the brand to compliment his flagship label, C.P. Company, which he started in 1971. [6] Osti sold 50% of Stone Island to GFT (Gruppo Finanziario Tessile) in 1983, before selling the remaining half to GFT in 1991. He left the company in 1994 and was succeeded by Paul Harvey as head designer from 1996 to 2008. GFT sold Stone Island in 1993 to Italian businessman Carlo Rivetti, who combined the label with C.P. Company Sportswear Company SpA. [7] Stone Island rapidly became popular during the 1990s in Europe and Japan, and during the 2010s, in the U.S. and Canada. [8]

In 2017, Singaporean sovereign wealth fund Temasek Holdings bought out a 30% stake in Stone Island valued at €345 million. [9] [10] Three years later, Italian fashion house Moncler bought a majority stake in Stone Island for a reported €1.15 billion. [11] [2] Throughout the 2010s and 2020s, Stone Island has collaborated with several design companies such as Supreme, Dior, Nike, Adidas, and New Balance, among others. [12]

Brand identity

Stone Island's yellow-green Compass Badge, 2013 Stone Island.jpg
Stone Island's yellow-green Compass Badge, 2013

The name Stone Island is derived from Polish-British pre-modernist writer Joseph Conrad's novels wherein the words "stone" and "island" appear most frequently. [13] [14] According to founder Massimo Osti, his novels' exploration of "boats and sea" moved him to create a brand with "[a] new sensibility oriented to science instead of fashion". [12] The brand emphasizes anti-fashion, prioritizing function over form. [12] The logo references a compass, affixed with a nautical star. It is recognizable by the use of a cloth badge that features the compass design on the left side of a garment. [15]

Stone Island focuses on technical apparel research, development, and manufacturing. [16] It is known for its approach to fabrication through a range of dyeing techniques and surface treatments. These include the use of Raso Gommato in 1983, thermosensitive fabric in 1987, rubber wool in 1987, and reflective fabric in 1991. Originally, the patches were green edged, but from around the year 2000 onwards they became black edged.

Subculture

Stone Island was initially popular with "wealthy middle-class teens" in Italy, but  by the mid-1980s, the brand had gained popularity among the football casual subculture in the United Kingdom. [12] [17] As a result, the brand became associated with football hooliganism, and some venues and pubs banned customers who wore the brand. [18] The brand's association with football hooliganism was reinforced by Stone Island itself who incorporated the material Kevlar into jackets as Kevlar is bullet proof and offered protection against the Stanley knife during violent clashes. The brand was brought into the mainstream by several films released in the early 2000s, including The Football Factory and Green Street , which featured prominent characters wearing the brand. [19]

Its presence in the U.S. and Canada starting in the early 2000s was bolstered by streetwear and hip hop culture. [8] Its largest consumer base was noted by Esquire as being "Milanese youth, English football fanatics, athletes, and celebrities". [5] British magazine i-D described Stone Island as a high-end status symbol among youth who show off the compass logo in a practice known as "getting the badge in". [4]

See also

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References

  1. ↑ "Moncler Buys Stone Island in Transformative Move". 7 December 2020.
  2. 1 2 Tognini, Giacomo. "Italian Billionaire Remo Ruffini Adding Hip-Hop Favored Label Stone Island To His Pricey Sportswear Brand Moncler". Forbes. Retrieved 2023-08-23.
  3. ↑ "Moncler mette le mani su Stone Island per 1,15 miliardi di euro". forbes.it. Retrieved 7 December 2020.
  4. 1 2 Gordan, Callum (May 7, 2019). "An ode to Stone Island, the brand that Britain misunderstood". i-d.vice.com. Retrieved August 24, 2023.
  5. 1 2 Rikhy, Trishna (2023-07-07). "Like the Brand Itself, the Best Stone Island Pieces Stand the Test of Time". Esquire. Retrieved 2023-08-24.
  6. ↑ Company history Drapers Online, 2012
  7. ↑ "MY HISTORY, MY COMPANY BY CARLO RIVETTI".
  8. 1 2 Sullivan, Nick (2018-10-18). "Stone Island's Owner Explains How the Brand Blew Up in America". Esquire. Retrieved 2023-08-23.
  9. ↑ "Stone Island Sells 30% Stake to Temasek". The Business of Fashion. 2017-08-01. Retrieved 2017-08-01.
  10. ↑ "Moncler Takes Full Control of Stone Island". finance.yahoo.com. 2021-02-23. Retrieved 2023-08-24.
  11. ↑ "Monclergroup - Stone Island: Brand Overview | Moncler Group". Monclergroup. Retrieved 2023-03-08.
  12. 1 2 3 4 Nuti, Gregorio (August 5, 2021). "From Tela Stella to Kevlar, the history of the Stone Island brand". Lampoon Magazine. Retrieved August 23, 2021.
  13. ↑ Flaccavento, Angelo (December 15, 2019). "'The clothes tags stated it clearly: 'Ideas from Massimo Osti.". System Magazine. Retrieved August 23, 2023.
  14. ↑ Hawkins, Laura (2020-11-08). "Celebrating the fabric futurism of Stone Island". wallpaper.com. Retrieved 2023-08-23.
  15. ↑ History of the iconic Stone Island Patch
  16. ↑ Lennox, Will (November 17, 2022). "Stone Island has finally embraced its hooliganism". GQ Australia. Retrieved August 23, 2023.
  17. ↑ Thornton, Phil (2003). Casuals: Football, Fighting and Fashion - The Story of a Terrace Cult. Milo Books. p. 163. ISBN   978-1903854143.{{cite book}}: CS1 maint: date and year (link)
  18. ↑ "Pub-goers facing 'Burberry' ban". 2004-08-20. Retrieved 2024-07-11.
  19. ↑ Zamet, Isaac (2024-02-23). "Royal rabble? Cassius Taylor signs up as ambassador for Stone Island, designer of famous footy hooligan clobber". Tatler. Retrieved 2024-07-11.
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