VF Corporation to acquire streetwear brand Supreme for $2.1bn

VF Corporation to acquire streetwear brand Supreme for $2.1bn

VF Corporation, a US-based apparel and footwear company, has agreed to acquire streetwear brand Supreme from The Carlyle Group and Goode Partners, for $2.1 billion. Supreme sells apparel, accessories, and also footwear under its namesake brand across the world via direct-to-consumer channels, mainly through digital, which contributes more than 60% of its total revenue. The […]