Home / Knowledge / News / Apparel/Garments / Bluestar acquires apparel brand Catherine Malandrino
Bluestar acquires apparel brand Catherine Malandrino
27
Aug '13
Bluestar Alliance, LLC. & Tahari ASL LLC announced that they have closed on their Asset Purchase Agreement to acquire the Catherine Malandrino intellectual property assets from Tahari ASL, LLC for an undisclosed sum. The New Company will be a joint venture led by Bluestar Alliance in partnership with Elie Tahari, Arthur Levine & other investors.

"This is an exciting acquisition for Bluestar," commented Joseph Gabbay, CEO, Bluestar Alliance. "The Catherine Malandrino brand is a perfect fit to our current portfolio. There is clearly a need in the marketplace for a seasoned brand which can be expanded globally beyond apparel, such as accessories and home.

Bluestar continues to demonstrate our ability to react to the needs of the retail community. Our strength in delivering the right licensing partners and our creative and financial commitment to marketing accelerates growth to levels that make sense for a retailer to support a lifestyle brand approach to the brands we partner in."

Ralph Gindi, President and COO of Bluestar Alliance, commented "We look forward to growing the Catherine Malandrino brand into an international power house. We are exploring exciting opportunities with other strategic partners that will include the roll out for retail stores and wholesale luxury collections for the Catherine Malandrino brand." The contemporary line Catherine Catherine Malandrino will continue to be manufactured and distributed by Tahari ASL.

"We look forward to building Catherine Malandrino into a global lifestyle brand creating destination shop in shops with new and existing partners and extending the brand into many other categories and international markets," added Arthur Levine, CEO of Tahari ASL LLC.

CoMetrics Partners LLC was the financial advisor to Tahari ASL LLC on the transaction.

About Bluestar Alliance, LLC

Bluestar Alliance, LLC, founded in 2007 by Joseph Gabbay and Ralph Gindi, owns, manages and markets a growing portfolio of consumer brands including Kensie, Mac + Jac, Joan Vass, Kooba, Yak Pak, English Laundry, Hot Kiss, First Kiss,and Harve Benard. Previous portfolio inclusions are Liz Lange, The Sharper Image and Ron Chereskin. Bluestar a brand management company licenses its brands to a network of best in class strategic manufacturers and retailers both in the U.S. and internationally.

Bluestar Alliance


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search