Italian Eyewear Giant Expands Portfolio with Acquisition of Supreme
Wednesday, 17 July 2024, 15:58
Italian Eyewear Manufacturer Acquires Fashion Brand Supreme
Italian eyewear manufacturer has purchased iconic fashion brand Supreme for 1.3 billion euros, expanding its brand portfolio.
VF Corp. Sells Supreme at a Loss
VF Corp., the parent company of Vans and Dickies, sells Supreme after owning it for four years, incurring a significant financial loss.
Overall, the acquisition signals a strategic shift in the fashion sector, with implications for both companies involved.
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