Nanette Lepore is going global. The New York-based designer announced Monday that she and her eponymous, 22-year-old contemporary label — which is sold at the likes of Neiman Marcus, Saks Fifth Avenue and Macy’s — have signed an agreement to launch a new joint venture with Bluestar Alliance that will focus on extending the Nanette Lepore name into new licensed categories and markets, both domestic and international.
Nanette Lepore and her husband, co-owner and CEO Robert Savage, have taken a minority stake in the new venture, and will continue to own the majority of, and operate, the existing ready-to-wear business, denying an earlier report in WWD that said Bluestar had acquired a majority stake in the overall business, a spokesperson for Nanette Lepore said. Bluestar, founded in 2006, bills itself as a privately owned “brand management company” that specializes in licenses. Its current portfolio includes Catherine Malandrino, Kensie and English Laundry.
Read more: http://fashionista.com/2015/01/nanette-lepore-bluestar-alliance
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