Latest news with #Padua-based
Fashion Network
21-07-2025
- Business
- Fashion Network
Palm Angels partners with Area B to expand underwear line in EMEA region
The Palm Angels universe continues to expand. Founded in 2015 by Francesco Ragazzi and now controlled by US-based business Bluestar Alliance, the label has signed a five-year agreement with Area B to develop its new underwear line in the EMEA region. The first collection resulting from the partnership with the Padua-based underwear and beachwear specialist will include men's and women's models and will debut on the market in January 2026. "The license will enable Palm Angels and Area B to reach new markets, engage key players and offer consumers high-quality products at an affordable price," the brand announced in a statement. The deal comes a few months after the announcement of the agreement with Revlon to launch the first Palm Angels-branded fragrance line, expected in 2027. "Area B is excited to begin working with Bluestar Alliance to strengthen Palm Angels' positioning in the underwear industry," said Federico Venturato, owner and CEO of Area B. "Our team of qualified and dynamic professionals has gone through one of the most complex periods in the history of the textile industry over the past five years. I am confident that their expertise will help further develop and expand Palm Angels' distribution and continue to offer consumers the quality and craftsmanship they have come to expect from the brand." Area B has been in the business of manufacturing and distributing beachwear, underwear and sportswear for more than 20 years. Its portfolio includes licenses for brands such as Philipp Plein Mare, Kurt Geiger London, and Trussardi among others. Palm Angels was acquired in early 2025 by global brand management company Bluestar Alliance, owner of streetwear label Off-White, among others. Following the transaction, Palm Angels' Francesco Ragazzi exited the business' corporate structure.
Fashion Network
21-07-2025
- Business
- Fashion Network
Palm Angels partners with Area B to expand underwear line in EMEA region
The Palm Angels universe continues to expand. Founded in 2015 by Francesco Ragazzi and now controlled by US-based business Bluestar Alliance, the label has signed a five-year agreement with Area B to develop its new underwear line in the EMEA region. The first collection resulting from the partnership with the Padua-based underwear and beachwear specialist will include men's and women's models and will debut on the market in January 2026. "The license will enable Palm Angels and Area B to reach new markets, engage key players and offer consumers high-quality products at an affordable price," the brand announced in a statement. The deal comes a few months after the announcement of the agreement with Revlon to launch the first Palm Angels-branded fragrance line, expected in 2027. "Area B is excited to begin working with Bluestar Alliance to strengthen Palm Angels' positioning in the underwear industry," said Federico Venturato, owner and CEO of Area B. "Our team of qualified and dynamic professionals has gone through one of the most complex periods in the history of the textile industry over the past five years. I am confident that their expertise will help further develop and expand Palm Angels' distribution and continue to offer consumers the quality and craftsmanship they have come to expect from the brand." Area B has been in the business of manufacturing and distributing beachwear, underwear and sportswear for more than 20 years. Its portfolio includes licenses for brands such as Philipp Plein Mare, Kurt Geiger London, and Trussardi among others. Palm Angels was acquired in early 2025 by global brand management company Bluestar Alliance, owner of streetwear label Off-White, among others. Following the transaction, Palm Angels' Francesco Ragazzi exited the business' corporate structure.
Fashion Network
21-07-2025
- Business
- Fashion Network
Palm Angels partners with Area B to expand underwear line in EMEA region
The Palm Angels universe continues to expand. Founded in 2015 by Francesco Ragazzi and now controlled by US-based business Bluestar Alliance, the label has signed a five-year agreement with Area B to develop its new underwear line in the EMEA region. The first collection resulting from the partnership with the Padua-based underwear and beachwear specialist will include men's and women's models and will debut on the market in January 2026. "The license will enable Palm Angels and Area B to reach new markets, engage key players and offer consumers high-quality products at an affordable price," the brand announced in a statement. The deal comes a few months after the announcement of the agreement with Revlon to launch the first Palm Angels-branded fragrance line, expected in 2027. "Area B is excited to begin working with Bluestar Alliance to strengthen Palm Angels' positioning in the underwear industry," said Federico Venturato, owner and CEO of Area B. "Our team of qualified and dynamic professionals has gone through one of the most complex periods in the history of the textile industry over the past five years. I am confident that their expertise will help further develop and expand Palm Angels' distribution and continue to offer consumers the quality and craftsmanship they have come to expect from the brand." Area B has been in the business of manufacturing and distributing beachwear, underwear and sportswear for more than 20 years. Its portfolio includes licenses for brands such as Philipp Plein Mare, Kurt Geiger London, and Trussardi among others. Palm Angels was acquired in early 2025 by global brand management company Bluestar Alliance, owner of streetwear label Off-White, among others. Following the transaction, Palm Angels' Francesco Ragazzi exited the business' corporate structure.
Fashion Network
09-06-2025
- Business
- Fashion Network
GGZ strengthens portfolio with Grifoni acquisition
GGZ — the Padua-based company that owns the Vicolo, Solotre, and Amaranto brands — has acquired 100% of Grifoni, a Venetian brand founded in 1992, and has created a dedicated business unit. The company aims to enrich its high-end segment offering with this acquisition. "With this operation, we are not only expanding business opportunities but also laying the foundations for an evolution that will integrate new partners throughout the supply chain. We want to strengthen our capacity for innovation and consolidate our leadership across various market segments," said Massimo Zanchi, CEO of GGZ. "Grifoni has enormous potential. The path will be gradual, but this acquisition adds a complementary dimension to our current assets. This is an important investment that focuses on the brand's vision, talent, and identity." The new ownership will present the first collection designed by Grifoni for Spring/Summer 2026. The relaunch will also revise the brand's identity to project a more contemporary aesthetic consistent with its future positioning, while respecting its DNA. The sales strategy will include internationalization and optimization of the wholesale network. In 2024, GGZ recorded total sales of 82 million euros and achieved an export share of 38%.
