• Skip to primary navigation
  • Skip to main content
Subscribe
  • Fashion
  • Sneakers
  • Bags
  • Accessories
  • Music
  • Rihanna
  • Follow
    • INSTAGRAM
    • FACEBOOK
    • PINTEREST
    • TWITTER
    • YOUTUBE
News December 7, 2020
By Snobette
SHARE THIS ARTICLE
Share Tweet Pin Linkedln Email Reddit
News

Moncler Buys Stone Island For $1.4 Billion

moncler-purchases-north-face

December 7, 2020. Leave a Comment

Italian luxury label Moncler today announced it’s acquiring Stone Island, a menswear label founded in 1982. Moncler will purchases 70 percent of Stone’s Island’s parent company SPW from CEO Carolo Rivetti and family members. It will purchase the remaining 30 percent from Singapore-based company Temasek.

After a deep dip in its stock when shut downs were announced in March, Moncler has had a solid year financially with the company’s stock pricing up nine percent for the year. Moncler’s stock rose about four percent in response to the news.

In a series of three statements posted on both brands’ Instagram account, the brands explained plans for growing Stone Island. The caption read in part, “Moncler will support Stone Island in the development of its international growth in both physical and digital retail while creating opportunities for the people of both companies to share new ideas and exchanges that honor our heritage in Italian excellence around the world.”

While not mentioned in press releases, Stone Island is positioned as a menswear brand so expanding offerings to women is another potential growth opportunity.

While Stone Island in the early ’90s famously became associated with Europe’s more unruly soccer fans, in more recent years it’s benefited from a series of collaborations with Supreme. The two brands have been collaborating regularly since 2014 producing well received capsules which have helped confer Stone Island with a more global profile.

Check out the brands’ combined statement below.

View this post on Instagram

A post shared by Stone Island (@stoneisland_official)

View this post on Instagram

A post shared by Stone Island (@stoneisland_official)

View this post on Instagram

A post shared by Stone Island (@stoneisland_official)

News Fashion Streetwear Moncler Stone Island

What To Read Next

Read More
Sneakers

Martine Rose Unveils New Nike Shox MR4 During Her Spring’26 Runway Show

London-based designer Martine Rose debuted a fresh white Nike Shox MR4 during her spring 2026 runway show.Setting the

Read More ...
by Samia Grand Pierre on June 15, 2025
SHARE
Read More
News

Donatella Versace Steps Down As Versace Creative Director

After 27 years leading the house her brother founded in 1978, Donatella Versace steps into a new role

Read More ...
by Samia Grand Pierre on March 13, 2025
SHARE
Read More
News

SneakersNStuff Saved From Bankruptcy With New Investor

In news reported by Sneaker Freaker Stockholm-based Sneakersnstuff sneaker retailer has been saved from bankruptcy, with investment firm

Read More ...
by Samia Grand Pierre on February 28, 2025
SHARE
Puma and New York-based fashion brand LaQuan Smith Puma and New York-based fashion brand LaQuan Smith are back with their second collaboration, this time inspired by the glitz and grit of the boxing ring. 

The campaign stars Ming Lee Simmons, dressed in satin-finished boxing shorts, cropped jackets, and tear-away pants with luxe details.

The capsule also includes two Speedcat silhouettes, including the Speedcat Mid, a high-ankle boxing sneaker. 

Priced between $80-$100, the Puma x LaQuan Smith collection launches on March 15 on puma.com, the Puma NYC and Las Vegas flagship stores, and select retailers including Foot Locker and Shoe Palace.
Artist Sue Tsai brought her signature whimsical de Artist Sue Tsai brought her signature whimsical designs to a capsule collection of earrings in collaboration with New York jeweler Greg Yüna. The statement earrings are now on display at Greg Yüna's Soho boutique and  now available on gregyuna.com.

The pair previously dropped a perfect match necklace set in 2021 that was 🔥. 

#gregyuna
#suetsai
For fall winter 2025 KNWLS opted to forego a runwa For fall winter 2025 KNWLS opted to forego a runway show and present their collection in a styled lookbook.

Taking inspiration from a feminine Y2K aesthetic, the collection embodies designers Charlotte Knowles and Alexandre Arsenault’s ability to balance sexy and cool. 

In an interview with Vogue, the pair shared that they are currently working on a new design director role in Europe and have several other projects in the pipeline, including another denim project, a collaboration with a jewelry brand, and a menswear capsule for an e-commerce site.

Commenting on the lookbook styling, they shared, "Obviously in the lookbooks it's styled in a quite extreme way, but if you break it down into individual pieces, we've been thinking about merchandising and the customer more than ever before," said Arsenault. "We've seen the team in the studio wearing the pieces differently too, and we've taken that into account. It's a nice challenge to say: 'Okay, we want to make a sweatshirt, but it still has this silhouette or wash or rib detail that makes it feel really Knwls."

#knwls
Reason a million why Rihanna has her own tab on s Reason a million why Rihanna has her own tab on  snobette.com: Her effortless ability to find humor during her J'adore Dior audio rehearsal video. 

Rihanna was appointed as J'Adore Dior fragrance ambassador in 2024, replacing Charlize Theron, who held the role for 20 years. She has a long-standing relationship with the brand, having been named as their first Black brand ambassador in 2015. 

#rihanna
Atlanta-based Pluto and YK Niece released Whim Wha Atlanta-based Pluto and YK Niece released Whim Whamiee single a few weeks ago, and the track is now trending on TikTok as the "Lululemon Song". 

Rapper JT shared that she's hooked on the song, especially the "Lulu" verse.

To witness an athletic apparel brand being name-dropped in hip-hop by emerging women rappers highlights how much women love their fitness/athleisure wear but also the fact that there is a flex that comes with wearing Lululemon in certain circles.

 Male rappers Jbeezy.Lfg and Lil Scoom89
respectively dropped singles titled Lululemon last year referencing women wearing the brand. 

Whim Whamiee by is now streaming on all DSPs. 

Thoughts? 

#lululemon 
#lululemonsong
Alessandro's Michele's latest Valentino runway col Alessandro's Michele's latest Valentino runway collection for fall 2025 featured a  collaboration with  none other than Vans.

Stay tuned for more updates!

#vans
#valentino 
#valentinoxvans
INSTAGRAMFACEBOOKPINTERESTTWITTERYOUTUBE
  • Home
  • About
  • Contact
  • Shop

Copyright © Snobette - Privacy Policy

Asset 1
Asset 1
Asset 1
  • About
  • Contact
  • Privacy Policy
  • Fashion
  • Sneakers
  • Bags
  • Accessories
  • Music
  • Rihanna