Nanette Lepore Sold to Bluestar Alliance
Nanette Lepore Sold to Bluestar Alliance
Transaction
Overview
Our Partner firm, The Sage Group, advised Nanette Lepore on its sale to Bluestar Alliance.
Nanette Lepore is a premier designer brand of upscale womenswear, shoes, handbags, and bathing suits. The New York-based company was founded in 1992 by Nanette Lepore and her husband, Robert Savage, and has since become one of the most recognizable names in American fashion. The Company has gained a loyal following including celebrities like Blake Lively, Carrie Underwood, Nicki Minaj, and Taylor Swift. The brand is sold primarily through North American retailers such as Neiman Marcus, Saks Fifth Avenue, Bergdorf Goodman, Nordstrom, and Macy’s as well as its standalone stores in New York, Las Vegas, and Boston.
The Sage Group advised Nanette Lepore and initiated the transaction with Bluestar Alliance. The partnership will focus on expanding into new licensed categories and markets. Nanette Lepore and Robert Savage will continue to operate the business