Style & Fashion
EssilorLuxottica Acquires Supreme for $1.5 Billion
EssilorLuxottica has purchased the streetwear brand Supreme for $1.5 billion. This acquisition, shifting Supreme from VF Corporation to the global eyewear giant, is expected to leverage EssilorLuxottica’s extensive resources and market reach. Supreme’s founder, James Jebbia, emphasized the importance of maintaining the brand’s identity and authenticity amidst this new partnership. The collaboration aims to foster growth and innovation while preserving Supreme’s unique cultural essence.
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