By  on September 13, 2018

LOOKING BEYOND APPAREL, AGAIN: Brand management firm Bluestar Alliance received Delaware Bankruptcy Court approval to be the so-called “stalking horse” bidder for Brookstone’s auction on Sept. 26. The auction is conducted with approval of the bankruptcy court.

Bluestar is the owner of the intellectual property assets of many fashion brands that include Tahari, Bebe, Kensie, Michael Bastian and English Laundry, to name a few. Founded by Joseph Gabbay and Ralph Gindi in 2006, the company’s focus is in the area of consumer brands that operate in the areas of wellness, home, travel and entertainment. Bluestar currently manages a portfolio with retail sales over $2.5 billion.

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