Palm Angels acquired by Bluestar Alliance
The Palm Angels luxury streetwear brand has been acquired by global brand management firm, Bluestar Alliance.
The move follows Bluestar’s recent acquisition of Off-White from LVMH as it continues to expand into the high-end streetwear and luxury fashion sectors.
Joey Gabbay, chief executive of Bluestar Alliance, said: “We are thrilled to welcome Palm Angels into the Bluestar Alliance brand portfolio. The brand’s unique ability to bridge the worlds of streetwear and luxury has set it apart in the fashion industry.
“We are committed to supporting Palm Angels as it continues to evolve, innovate, and expand its global presence. This acquisition aligns perfectly with Bluestar’s strategy of growing iconic brands with strong cultural relevance and consumer appeal.”
Never Miss a Retail Update!Palm Angels started in 2011 as a photographic documentation of LA’s skater culture by Francesco Ragazzi and began offering clothing in 2015. It is known for its distinctive aesthetic that merges American skate culture with Italian craftsmanship,
Ragazzi added: “Palm Angels has been shaping the intersection of luxury and street culture. As it enters a new chapter, I step away with confidence and wish them the greatest success ahead.”
