PARIS and DENVER—EssilorLuxottica, a global leader in the optical industry, and VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced that they entered into a definitive agreement for EssilorLuxottica to acquire the Supreme brand from VF for $1.5 billion in cash. A New York-city based skate culture brand, Supreme was established in 1994 and has expanded into a global community, with 17 retail stores in the U.S., Asia and Europe, and an e-commerce platform across all regions. It runs a digital-first business. Read More