Supreme acquired by optics giant Essilorluxottica for US$1.5 billion

An article by Morgane Monteiro

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19 July 2024 à 11h21

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Publication: 19 July 2024 à 11h21

Reading time: 1 minute

An article by Morgane Monteiro

Add mind Retail to your sources

Publication

19 July 2024 à 11h21

Reading time

1 minute

Publication: 19 July 2024 à 11h21

Reading time: 1 minute

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On July 17, optics manufacturer Essilorluxottica (sales of US$27.21 billion in 2023, up by 7.1% at constant exchange rates) announced a purchase of New York-based Supreme from VF Corp for US$1.5 billion, effective by December 2024.

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Featured image of the article Morgane Monteiro

Morgane Monteiro Journalist

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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