LVMH, Bluestar Alliance and Off-White
Virgil Abloh’s Off-White Sold to Bluestar Alliance by LVMH
LVMH was reported to have bought a majority stake in Off-White back in July 2021. At the time, Abloh had been designing for the LVMH-owned Louis Vuitton for three years. Abloh, 41, died in November 2021 after a two-year battle with a rare type of cancer.
LVMH Sells Off-White to Bluestar Alliance
Bluestar Alliance owns, manages, and markets a portfolio of consumer brands ranging from Hurley, Scotch & Soda and Bebe, to Elie Tahari, Catherine Malandrino and Nanette Lepore, among others.
LVMH Has Sold Off-White™ to Brand Management Company Bluestar Alliance
Just three years after acquiring 60% of Off-White™ from Virgil Abloh in July 2021, LVMH has sold Off-White LLC — the Off-White™ brand’s parent company — to brand management entity Bluestar Alliance. In a poignant twist of fate, the sale was announced on the late Abloh’s birthday.
LVMH sells Off-White streetwear brand founded by Virgil Abloh
French luxury group LVMH has sold the streetwear brand Off-White founded by the late designer Virgil Abloh to a brand management company.
Off-White Brand Acquired by Bluestar Alliance Acquires from LVMH
LVMH announces that it has sold Off-White LLC, which owns the Off-White brand, to Bluestar Alliance, LLC, a New York-based brand management company. Terms of the transaction were not disclosed. Founded in 2012 by Virgil Abloh, Off-White is an international luxury streetwear brand.
Off-White sold by LVMH to Bluestar Alliance
Weeks after its debut NYFW show, the brand will now sit alongside Bluestar-owned Scotch & Soda, Hurley and Catherine Malandrino.
LVMH sells Off-White brand to Bluestar Alliance
LVMH has sold Off-White, the brand founded by Virgil Abloh, to the New York-based brand management company Bluestar Alliance. The price of the sale was not immediately disclosed, but Off-White has been struggling to maintain relevance and sales in an increasingly competitive market.
Bluestar Alliance, LLC announces that it has acquired Off-White LLC, the company which owns the Off-White brand, from LVMH
LVMH announces that it has sold Off-White LLC, the company that owns the Off-White brand, to Bluestar Alliance, LLC, a New York-based brand management company. Terms of the transaction are not being disclosed.
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