EssilorLuxottica Completes Acquisition of Supreme from VF Corporation
Legacy Plaza, 1551, Wewatta Street, 16th Street Mall, Highland, Denver, Colorado, 80202, United States
VF Corporation
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins84% CONFIDENCEOverall confidence: 84%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterThe joint press release is datelined "Paris, France and Denver, CO - October 2, 2024 - 7am CEST" (05:00 UTC), stating EssilorLuxottica "today announced the completion" of the acquisition.[1]
EssilorLuxottica completed its $1.5 billion cash acquisition of streetwear brand Supreme from VF Corporation, a deal first agreed in July 2024 as VF Corp moved to pay down debt by shedding non-core brands.
$1.5B
1.00
