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May 19, 2025
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Commerce

EssilorLuxottica agrees to buy Supreme for $1.5B

July 18, 2024

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

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

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  1. Luxury dips while tech disruptors drive $10.7T in brand value: Kantar
  2. The new administration eased independent contractor rules. Can luxury brands cheer?
  3. Rimowa honors the winners of its Rimowa Design Prize
  4. Audemars Piguet pop-up exhibition opens in Shanghai
  5. Mandarin Oriental restores Italian castle
  6. Aston Martin, Apple release CarPlay Ultra
  7. Dom Pérignon unveils ‘Creation is an Eternal Journey’ campaign
  8. Mercedes-AMG unveils collaboration with art collective MSCHF
  9. Chanel continues support for women directors with upcoming Tribeca Festival talk
  10. Richemont closes fiscal year with 4pc sales increase
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