STONE ISLAND TOPS POTENTIAL IPO LIST

According to Milan-based consultancy Pambianco Strategie di Impresa, Stone Island has scaled to the top spot as the company with the most potential to publicly list in the fashion arena, replacing Valentino, which is now second, followed by Golden Goose. The study analyzes the companies that have the economic financial and positioning values to be listed in the future even if the brand has no plans to go public. Stone Island was founded in 1982 by Massimo Osti and is now managed by chairman and creative director Carlo Rivetti. Singapore-based fund Temasek bought a 30 percent stake in the sportswear company in 2017, further driving its growth and appeal with hefty double-digit sales increases globally. Over the decades, this brand with its Wind Rose logo has become a symbol of extreme research in fibers and textiles, applied to an innovative design. A pioneer in redefining the common meaning of sportswear, today Stone Island is a cult phenomenon that has maintained its buzzy leadership as a contemporary point of reference even for the younger generations. Its strength lies in its unique capacity to work on the finished garment, via continuous experimentation with dyes and treatments created in the Sportswear Company’s color laboratory. Here, thanks to a combination of advanced technology, experience and expertise, more than 60,000 different dye recipes have been developed over the years.