Supreme acquired by EssilorLuxottica S.A.
EssilorLuxottica S.A. acquired Supreme, a US streetwear apparel brand, on Jul 17, 2024.
Transaction summary
- Target
- Supreme
- Acquirer
- EssilorLuxottica S.A.
- Seller
- -
- Announced
- 2024-07-17
- Geography
- United States
- Type
- Divestiture
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-10-04
- Latest update
- 2026-10-04
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
-
Period: FY2024 Ended March 30, 2024 2024
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
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
- USD 1.5bn enterprise value is treated as publicly disclosed or derived directly from public source data.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
- Metric period: FY2024 Ended March 30, 2024 2024.
- The $1.5 billion amount is the reported base purchase price in cash, subject to adjustments for cash, indebtedness, working capital, and transaction expenses; it is treated as estimated whole-business enterprise value under FCR-211. VF estimated net cash proceeds of approximately $1.475 billion, subject to post-closing adjustments. Supreme discontinued-operations net revenue was $538.989 million for the year ended March 30, 2024, $523.116 million for the year ended April 1, 2023, and $561.503 million for the year ended April 2, 2022. No EBITDA or transaction multiple is disclosed in these statements. Supreme discontinued-operations net revenue. The filing reports in thousands. Historical reported revenues were $523.116 million for FY2023 and $561.503 million for FY2022.
Source summary
VF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
ConfirmedVF agreed to sell Supreme to the Buyer for $1.5 billion
Open sourceVF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
Confirmedthe previously announced sale of its Supreme ® brand business ("Supreme") was completed on October 1, 2024
Open sourceVF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
ConfirmedNet revenues $ 10,454,667 $ (538,989)
Open sourceVF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
ConfirmedYear Ended April 1, 2023 Historical VF (as reported) Discontinued Operations of Supreme (B)
Open sourceVF Corporation Form 8-K Exhibit 99.1: Supreme Sale Pro Forma Financial Information
ConfirmedYear Ended April 2, 2022 Historical VF (as reported) Discontinued Operations of Supreme (B)
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