Stone Island, the Italian sportswear group owned by Moncler, and American athletic shoe brand New Balance announced a multi-year partnership that will see their first co-branded footwear being unveiled later this year.

“Our collaboration with Stone Island is not only rooted in performance innovation, but elevating our mutual values of premium craftsmanship and superior product quality,” said Chris Davis, chief marketing officer at New Balance. “We look forward to pushing the boundaries and experimenting with design.”

New Balance and Stone Island previously teamed up in 2013 for the limited edition Stone Island x New Balance SI-577 running shoe.