Supreme Is Now A Billion Dollar Brand 


According to Women’s Wear Daily, the publication that initially broke the news, the deal is worth $500 million USD, with Carlyle purchasing 50% of the business’ stocks.

Carlyle’s purchase will put Supreme‘s market value around the $1 billion USD mark. According to WWD‘s report, this revelation could damage Supreme’s credibility, which is going to have to be carefully balanced with James Jebbia and Carlyle’s plans for expansion. At the moment, none of these details have been officially confirmed, but keep checking back for more information on the deal.

In other news, check out the most recent On The Rise Artist!


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