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The story
Founded by Massimo Osti in 1982, in Ravarino.1
Designer Massimo Osti founded Stone Island in 1982, in Ravarino, Italy.
The origins of the brand are closely tied to textile experimentation: Osti was studying a truck tarpaulin fabric, a rigid double-sided material coated on both sides with differently colored pigmented resins and subsequently subjected to an intensive enzyme “stone wash” treatment. The result was a durable fabric with a worn, faded appearance, which was used to create an initial collection of seven outerwear pieces, each produced in six two-tone variations. The fabric was named Tela Stella.
The name Stone Island is derived from pre-modernist writer Joseph Conrad's novels wherein the words "stone" and "island" appear most frequently. 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". The brand developed around a design approach centred on functionality, material research, and garment performance rather than seasonal fashion trends.
The focus on functionality led Massimo Osti to draw inspiration from military uniforms, technical gear, and workwear, elements that helped define the brand’s industrial aesthetic from its earliest years.
Rivetti’s era
In 1983, Massimo Osti decided to focus exclusively on the creative direction of the company. That same year, the Gruppo Finanziario Tessile (GFT) of Turin acquired a stake in Stone Island, also through the involvement of Carlo Rivetti, who at the time was active in the family business. Initially, Osti sold 50% of Stone Island to GFT (Gruppo Finanziario Tessile) in 1983, before selling the remaining half to GFT in 1991. GFT sold Stone Island in 1993 to Italian businessman Carlo Rivetti, who combined the label with C.P. Company Sportswear Company SpA. Osti left Stone Island at the end of 1995.
Looking for a new creative director, Rivetti identified the English designer Paul Harvey in 1996. Harvey continued the company’s experimental approach by collaborating with manufacturers of technical materials, including DuPont, active in the military and medical sectors. During his tenure at the company, Harvey also designed the women’s line Serie 100.
In 2008, Rivetti entrusted the brand's creative direction to an international team, marking the beginning of a more collaborative phase for the company. Among the figures who joined during this period was designer Errolson Hugh, who became responsible for the Shadow Project, the brand's experimental sub-line focused on technical innovation.
Stone Island rapidly became popular during the 1990s in Europe and Japan, and during the 2010s, in the U.S. and Canada.
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In the early months of 2010, Sportswear Company sold C.P. Company to FGF Industry, led by Enzo Fusco. In 2011, Stone Island, following the separation from C.P. Company, recorded a 4% increase in turnover, reaching €51 million in revenue.
In 2017, Singaporean sovereign wealth fund Temasek Holdings bought out a 30% stake in Stone Island valued at €345 million.
Acquisition by Moncler
On 7 December 2020, Moncler S.p.A. announced the acquisition of Stone Island for €1.15 billion, a transaction completed on 31 March 2021, when the brand officially became part of the Moncler Group.The Rivetti family became shareholders in the controlling holding company.
In 2023, Robert Triefus was appointed Chief Executive Officer of Stone Island, and in the following year he also became Chairman of the company.
From Wikipedia’s article on Stone Island, shared under CC BY-SA 4.0.4