Supreme Sold to EssilorLuxottica for $1.5 Billion
π VF Corporation will sell Supreme to EssilorLuxottica for $1.5 billion by the end of the year.
π EssilorLuxottica, the owner of Ray-Ban and Oakley, collaborates with brands like Ralph Lauren, Prada, Miu Miu, and Chanel.
π Supreme's founder, James Jebbia, will remain involved in the development of Supremeπ₯
π The Supreme online store has closed until the Fall/Winter 2024 season.
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