The Rivetti family will become a direct shareholder of the luxury outerwear brand once they exit the Double R holding company controlled by Moncler’s CEO and majority shareholder, Remo Ruffini, who himself holds roughly a 16% stake in the company.

The leftover 2022 footwear is expected to generate about €250 million in revenue for The Big a, and will be sold exclusively through its direct-to-consumer e-commerce channels.

Dish Technologies and Sling TV settled their claims against iFit Health & Fitness for infringing on patents that relate to bit-rate content streaming, according to a filing in DE district court.