EssilorLuxottica Acquires Supreme for $1.5 Billion: A Strategic Move in Lifestyle and Tech Integration
EssilorLuxottica SA, the French-Italian eyewear conglomerate, has made headlines with its recent acquisition of the iconic streetwear label Supreme from VF Corp. for $1.5 billion in cash. This strategic purchase marks a significant expansion of EssilorLuxottica’s portfolio, which already includes renowned eyewear brands such as Ray-Ban and Oakley. Supreme’s Rise and Acquisition Founded in New …
