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Bluestar Alliance LLC acquires Palm Angels® to strengthen its presence in luxury streetwear market

PRIVATEFeb 11, 2025

Acquiring Company

Bluestar Alliance

Acquired Company

Palm Angels

New YorkE CommerceFashionRetailRetailLifestyle

Description

Bluestar Alliance LLC, a leading global brand management firm, has acquired the luxury streetwear brand Palm Angels®. This acquisition further solidifies Bluestar's leadership in the luxury streetwear market and expands its portfolio of iconic and emerging brands.

Quick answer

Bluestar Alliance is acquiring Palm Angels, announced February 11, 2025. Bluestar Alliance is based in New York, New York, United States.

How much did Bluestar Alliance pay for Palm Angels?
The deal value was not disclosed.
What does Bluestar Alliance do?
Founded by Joseph Gabbay and Ralph Gindi in 2006, Bluestar owns, manages, and markets a portfolio of consumer brands that span across many tiers of distribution from luxury to mass market.
Where are Bluestar Alliance and Palm Angels based?
Bluestar Alliance is based in New York, New York, United States.
Who are the decision-makers at Bluestar Alliance?
Fundz holds 2 contacts at Bluestar Alliance. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Bluestar Alliance

Location

New York, New York, United States

About

Founded by Joseph Gabbay and Ralph Gindi in 2006, Bluestar owns, manages, and markets a portfolio of consumer brands that span across many tiers of distribution from luxury to mass market. This portfolio consists of major department store retail brands including Hurley, Tahari, Bebe, as well as Justice, Brookstone, Kensie, Catherine Malandrino, Nanette Lepore, English Laundry, Joan Vass and Limited Too. Each brand is uniquely positioned maintaining the brand heritage and equity, considering new categories and current tiers of distribution. Bluestar's current network of international and domestic partners offers the opportunity to take a niche brand to a visible worldwide lifestyle brand. Since its inception, Bluestar has acquired select brands with current retail sales exceeding $6 billion. The company manages a current portfolio of over 300 licensees and a growing branded retail platform of over 100 stores worldwide.

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Frequently asked

Who acquired Palm Angels?

Palm Angels was acquired by Bluestar Alliance, based in New York. The deal was reported on February 11, 2025. Founded by Joseph Gabbay and Ralph Gindi in 2006, Bluestar owns, manages, and markets a portfolio of consumer brands that span across many tiers of distribution from luxury to mass market. Bluestar Alliance is privately held and operates in E Commerce.

When did Bluestar Alliance acquire Palm Angels?

Bluestar Alliance's acquisition of Palm Angels was reported on February 11, 2025. Bluestar Alliance LLC, a leading global brand management firm, has acquired the luxury streetwear brand Palm Angels®. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Palm Angels do?

Palm Angels started in 2011 as a photographic documentation of LA's skater culture by Francesco Ragazzi and evolved into clothing in 2015, becoming known for its contemporary take on cultural signifiers and rebellious spirit. It is privately held, operating in Retail.

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