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Apparel and accessories

Moncler’s first acquisition hints at future ambitions

December 8, 2020

Moncler is acquiring Italian sportswear competitor Stone Island. Image credit: Moncler

 

By Sarah Ramirez

French-Italian outwear brand Moncler is acquiring the owner of popular streetwear brand Stone Island in a move indicating the luxury label will be a buyer, not a seller, as the sector potentially consolidates in the coming months and years.

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