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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.
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.