Bluestar Alliance Acquires Palm Angels
February 11, 2025
Bluestar Alliance LLC has acquired luxury streetwear brand Palm Angels, adding the label to its portfolio of premium fashion and lifestyle brands. The deal furthers Bluestar's strategic expansion into the high-end streetwear and luxury fashion sectors; founder Francesco Ragazzi said he is stepping away as the brand enters a new chapter.
- Buyers
- Bluestar Alliance LLC
- Targets
- Palm Angels
- Sellers
- Francesco Ragazzi
- Industry
- Consumer Products
- Location
- Lombardy, Italy
- Transaction Type
- Buyout
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