Bluestar Alliance is pumping up its apparel portfolio with the acquisition of junior brand Hot Kiss.
Bluestar, which also owns Liz Lange and Harvé Benard, acquired a majority stake in the $100 million Hot Kiss Inc. for an estimated $20 million from founder Moshe Tsabag, who will stay on as director of marketing and merchandising. The design and sales staff also will stay on, according to the company.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"