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Latest news with #PalmAngels

Palm Angels partners with Area B to expand underwear line in EMEA region
Palm Angels partners with Area B to expand underwear line in EMEA region

Fashion Network

time3 days ago

  • 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.

Palm Angels partners with Area B to expand underwear line in EMEA region
Palm Angels partners with Area B to expand underwear line in EMEA region

Fashion Network

time3 days ago

  • 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.

Palm Angels partners with Area B to expand underwear line in EMEA region
Palm Angels partners with Area B to expand underwear line in EMEA region

Fashion Network

time3 days ago

  • 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.

Heron Preston exits New Guards Group
Heron Preston exits New Guards Group

Fashion Network

time10-07-2025

  • Business
  • Fashion Network

Heron Preston exits New Guards Group

New Guards Group (NGG) has lost another label. Following the recent exit of Palm Angels, luxury streetwear brand Heron Preston too has left the Italian fashion group, and is back in its eponymous founder's control. The news was confirmed by Preston himself, on the homepage of the Heron Preston website. 'I've been through one of the toughest and most pivotal chapters of my life, but I came out of it clearer, stronger, and more in love with my purpose. I stayed focused, fought hard to reclaim my brand, and I did it! This next chapter is about building with intention, freedom and clarity. I'm not looking back—I'm building something bigger,' said Preston on the site, which has been emptied of all content. The US designer has also closed down the label's Instagram account. Heron Preston was launched in early 2017 with NGG, and it generated revenue of €25 million in the first two years in business. Heron Preston's last collection was presented at New York Fashion Week, with the Fall/Winter 2023 season. The label's exit is the latest instance in the exodus from NGG. The Italian group was bought in 2019 by Farfetch, which in turn was later acquired and saved from bankruptcy by Korean group Coupang. In the 2010s, Milan-based NGG managed to bring under its umbrella several popular streetwear brands. But in recent months, names like Ambush, Palm Angels, Off-White and County of Milan have left the group.

Heron Preston exits New Guards Group
Heron Preston exits New Guards Group

Fashion Network

time10-07-2025

  • Business
  • Fashion Network

Heron Preston exits New Guards Group

New Guards Group (NGG) has lost another label. Following the recent exit of Palm Angels, luxury streetwear brand Heron Preston too has left the Italian fashion group, and is back in its eponymous founder's control. The news was confirmed by Preston himself, on the homepage of the Heron Preston website. 'I've been through one of the toughest and most pivotal chapters of my life, but I came out of it clearer, stronger, and more in love with my purpose. I stayed focused, fought hard to reclaim my brand, and I did it! This next chapter is about building with intention, freedom and clarity. I'm not looking back—I'm building something bigger,' said Preston on the site, which has been emptied of all content. The US designer has also closed down the label's Instagram account. Heron Preston was launched in early 2017 with NGG, and it generated revenue of €25 million in the first two years in business. Heron Preston's last collection was presented at New York Fashion Week, with the Fall/Winter 2023 season. The label's exit is the latest instance in the exodus from NGG. The Italian group was bought in 2019 by Farfetch, which in turn was later acquired and saved from bankruptcy by Korean group Coupang. In the 2010s, Milan-based NGG managed to bring under its umbrella several popular streetwear brands. But in recent months, names like Ambush, Palm Angels, Off-White and County of Milan have left the group.

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