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EssilorLuxottica agrees to buy Supreme for $1.5B

Posted ByAmirah Keaton for Luxury Daily News ServiceOn In Apparel and accessories,Commerce,Industry sectors,News | No Comments
Supreme fall/winter 2017 ready-to-wear collection. Image credit: Louis Vuitton via Luxury Society The Louis Vuitton x Supreme Keepall Bandouliere Epi 45 premieres during a fall/winter 2017 men's ready-to-wear show. Image credit: Louis Vuitton

 

By Amirah Keaton for Luxury Daily News Service

Italian eyewear conglomerate EssilorLuxottica announced plans to purchase American streetwear and lifestyle brand Supreme this week.