Which company acquired Supreme from VF Corporation in 2024?

EssilorLuxottica acquired Supreme from VF Corporation in 2024.

VF Corporation announced the sale of Supreme to EssilorLuxottica for about $1.5 billion in cash. The transaction marked a change in ownership only a few years after VF had purchased Supreme for approximately $2.1 billion in 2020.

EssilorLuxottica is best known as an eyewear and optical-products group, with brands and businesses spanning glasses, lenses, and retail. Its acquisition gave Supreme a new corporate owner outside the traditional apparel conglomerate structure.

This ownership history can be confusing because VF Corporation owned Supreme between 2020 and 2024. LVMH, Kering, and Richemont are major luxury groups, but none was the company that bought Supreme from VF in 2024.