VF Corporation Acquires Supreme for $2.1 Billion USD

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VF Corporation Acquires Supreme for $2.1...
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James Jebbia’s cultish streetwear label Supreme has been acquired by VF for a massive $2.1 billion USD, according to WWD .

According to the report, VF will be purchasing Supreme from private equity firm Carlyle Group and investors that include Goode Partners. It’s been previously reported that Carlyle paid $500 million USD in 2017 for a roughly 50% stake in the fashion brand.

With this new acquirement, Supreme now joins a portfolio that also includes Vans, the North Face, and Timberland....

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