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Sales and profits up at Stone Island

Italian brand Stone Island’s sales increased 20% to €105m (£88m) during 2016, while EBITDA jumped 35% to €18m (£15m). 

stone island spring 17

Sales at the Italian brand have doubled over the last five years, and international sales now account for 65% of the total.

The US, the UK, the Netherlands and Germany are growing “consistently” for the business.

Orders for spring 17 are up 30% on spring 16.

Stone Island now has 20 flagships globally, including seven in Italy and one in London.

No further openings are planned for next year, although its shop in Los Angeles will be relocated to a bigger 5,380 sq ft unit.

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