In today’s top retail news, VF Corporation has closed on its acquisition of international streetwear brand Supreme, while Returnly reported a dramatic rise in returns on Dec. 26 compared to an average return day in the United States. Plus, Amazon is reporting a record-breaking holiday...
VF Corporation has closed on its purchase of Supreme for a $2.1 billion aggregate base purchase price, which is “subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.” The international streetwear brand has become a VF Corporation wholly-owned subsidiary with the deal,...
VF Corporation and streetwear brand Supreme have inked a merger agreement, while Goode Partners and The Carlyle Group are selling their investments in the Supreme brand, according to a Monday (Nov. 9) announcement. The deal is expected to be concluded late in the current calendar...
December 29, 2020
VF Corporation has closed on its purchase of Supreme for a $2.1 billion aggregate base purchase price, which is “subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.” The international streetwear brand has become a VF Corporation wholly-owned subsidiary with the deal, according to an announcement. Supreme is anticipated to be “modestly […]
November 09, 2020
VF Corporation and streetwear brand Supreme have inked a merger agreement, while Goode Partners and The Carlyle Group are selling their investments in the Supreme brand, according to a Monday...
