THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
VF Corporation completes acquisition of Supreme

VF Corporation, the owner of The North Face, Vans and Timberland, has completed its acquisition of the Supreme streetwear brand. As a result, Supreme has become a… View Article

FASHION RETAIL NEWS UK

VF Corporation completes acquisition of Supreme

VF Corporation, the owner of The North Face, Vans and Timberland, has completed its acquisition of the Supreme streetwear brand.

As a result, Supreme has become a wholly owned subsidiary of VF Corporation.

VF Corporation announced back in November that it would be acquiring the brand and that Supreme founder James Jebbia and the rest of the senior leadership team would continue to work with the business from its New York headquarters following the acquisition.

Supreme  is expected to contribute at least $500 million of revenue and $0.20 of adjusted EPS in VF Corporation’s 2022 financial year.

In a statement, VF Corporation said the purchase will accelerate its  “consumer-minded, retail-centric, hyper-digital” business model transformation and build on its long-standing relationship with Supreme, which has regularly collaborated with  Vans, The North Face and Timberland.

 

 

Subscribe For Retail News