Davidson News

Davidson News

Supreme Sold to EssilorLuxottica for $1.5 Billion

Supreme Sold to EssilorLuxottica for $1.5 Billion

Supreme, the iconic skate and streetwear brand, is set to be acquired by Ray-Ban maker EssilorLuxottica for $1.5 billion in cash. The announcement was made on Wednesday by VF Corporation, Supreme’s current parent company. This acquisition will see Supreme joining EssilorLuxottica’s impressive portfolio, which already includes renowned brands like Oakley and Ray-Ban. Supreme Joins EssilorLuxottica’s … Read more