VF Corp, which owns among others The North Face, divested the streetwear brand Supreme.
The buyer is EssilorLuxottica, also owner of Oakley and Ray-Ban.
The cash purchase price is US$1.5 B, less than what VF Corp paid.
VF Corp, which owns among others The North Face, divested the streetwear brand Supreme.
The buyer is EssilorLuxottica, also owner of Oakley and Ray-Ban.
The cash purchase price is US$1.5 B, less than what VF Corp paid.