Bluestar Alliance Expands Footprint with the Acquisition of Palm Angels® Luxury Urban Fashion Brand

Bluestar Alliance Expands into Luxury Urban Fashion

Bluestar Alliance LLC, a renowned global brand management firm, is thrilled to announce the acquisition of the luxurious urban fashion label, Palm Angels®. This strategic move comes closely after Bluestar’s recent acquisition of Off-White from LVMH, signaling Bluestar's commitment to growing its presence in both the urban luxury and haute couture sectors. The addition of Palm Angels further solidifies Bluestar's impressive collection of both iconic and emerging brands, enhancing its leadership in the luxury urban apparel market.

Since its inception in 2015, Palm Angels has rapidly ascended to global prominence by merging luxury fashion with urban culture. The brand's distinctive aesthetic, which blends American skate culture with Italian craftsmanship, has garnered a devoted following and significant influence in the fashion industry.

Joey Gabbay, the CEO of Bluestar Alliance, expressed great enthusiasm about the new addition: "We are excited to welcome Palm Angels into the Bluestar brand portfolio. The brand's unique ability to bridge the realms of urban fashion and luxury has made it stand out in the industry. We are committed to supporting Palm Angels as it continues to evolve, innovate, and expand its global presence. This acquisition is perfectly aligned with Bluestar's strategy of growing iconic brands that possess strong cultural relevance and consumer appeal."

Ralph Gindi, COO of Bluestar Alliance, emphasized the brand's appeal to cultural pioneers and trendsetters: "Palm Angels speaks directly to the cultural pioneers and fashion leaders who shape the future of style. In every community, there are those who set trends and with this exciting new chapter, we proudly unite creative forces from around the world to continue shaping the future of fashion.”

Francesco Ragazzi, the founder of Palm Angels, shared his thoughts as the brand embarks on this new journey: "Palm Angels has been at the forefront of blending luxury and urban culture. As I step away, I leave with confidence and wish them the utmost success in the future.”

About Palm Angels

Palm Angels began as a photographic documentation of Los Angeles’ skate culture by Francesco Ragazzi and evolved into a clothing line in 2015. The brand has become synonymous with contemporary luxury urban clothing, attracting a global following that includes fashion experts, musicians, and celebrities alike.

About Bluestar Alliance, LLC

Founded in 2006 by Joseph Gabbay and Ralph Gindi, Bluestar Alliance is a global brand management company that owns, manages, and markets a portfolio of premium fashion, lifestyle, and consumer brands. The portfolio includes a range of contemporary and luxury brands with over $9 billion in global retail sales. Bluestar's extensive network of national and international partners presents the opportunity to elevate niche and established brands into global lifestyle names. The company oversees a portfolio of more than 400 licensees and a rapidly growing retail brand platform of over 500 stores across North America, Europe, Australia, South America, Asia, the UAE, the Middle East, and India.

For further inquiries, contact:
Sarah Rosen
Bluestar Alliance
Email: [email protected]