VF finds buyer for Supreme
17/07/2024
Pushed by its shareholders, VF has found a buyer for Supreme, a cult streetwear brand it bought in 2020 for $2.1 billion. French-Italian eyewear giant EssilorLuxottica has agreed to acquire the brand for $1.5 billion in cash. “Under VF, Supreme expanded its presence in the key markets of China and South Korea and has returned to delivering...