Bluestar Alliance completed the acquisition of Off-White from LVMH.

Bluestar Alliance, a manager of portfolio of brands, completed the acquisition of Off-White, a streetwear company, from LVMH, a portfolio of brands. Financial terms were not disclosed. "Virgil was a creative pioneer who had a profound impact on the global fashion industry and creative community. Acquiring Off-White represents a unique opportunity for Bluestar Alliance to honor and build upon the enduring legacy of Virgil Abloh. His visionary approach to fashion resonates deeply with our core values," Joey Gabbay, Bluestar Alliance CEO.