EXCLUSIVE: Celebrity-Favorite Footwear Brand Alevì Milano Sells Majority Stake

Alevì Milano, the Italian luxury footwear brand beloved by celebrities including Beyoncé, Reese Witherspoon, Zoe Saldaña, Demi Moore, Hailey Bieber, and Kendall Jenner, among others, is ready for its next phase of growth — with a business partner to boot.

Founded in 2019 by Valentina Micchetti and Perla Alessandri, the brand has sold a majority stake to Mexico-based Bal Group, a multi-industry business helmed by chairman Alejandro Baillères with interests in retail giant El Palacio de Hierro and jewelry label Tane, among others.