Confirmed Control Closed Transaction verified apparelConsumerstreetwearstreetwear apparel

Supreme acquired by EssilorLuxottica S.A.

EssilorLuxottica S.A. acquired Supreme, a US streetwear apparel brand, on Oct 1, 2024.

Transaction summary

Target
Supreme
Seller
-
Announced
2024-07-17
Geography
United States
Type
Divestiture
Deal type
Control
Stake acquired
-
First added
2026-10-04
Latest update
2026-10-18

Value and multiples

100% enterprise value

USD 1.5B

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

2.78x

Period: FY2024 Ended 30 March 2024

Basis: Derived from source data

EV / EBITDA

-

EBITDA basis not stated

Basis: Estimated

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 1.5B

Reported base purchase price was $1.5 billion in cash, subject to customary adjustments.

Basis

  • US$1.5bn base purchase price / US$538.989m FY2024 net revenue gives estimated EV/revenue of 2.78x. VF’s filing also reports FY2023 revenue of US$523.116m and FY2022 revenue of US$561.503m.

Other reviewed estimates

Earlier estimates and their sources.

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
Revenue USD 539m
Open evidence

Source summary

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information

Confirmed

VF agreed to sell Supreme to the Buyer for $1.5 billion

Open source

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information

Confirmed

the previously announced sale of its Supreme ® brand business ("Supreme") was completed on October 1, 2024

Open source

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information

Confirmed

Net revenues $ 10,454,667 $ (538,989)

Open source

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information

Confirmed

Year Ended April 1, 2023 Historical VF (as reported) Discontinued Operations of Supreme (B)

Open source

VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information

Confirmed

Year Ended April 2, 2022 Historical VF (as reported) Discontinued Operations of Supreme (B)

Open source

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