Driving the news: EssilorLuxottica said last week it would spend $1.5 billion to buy Supreme; it seems likely to accept a $5 billion investment from Meta; and is buying a controlling interest in ...

Ray-Ban maker EssilorLuxottica EL-0.08%decrease; red down pointing triangle agreed to buy streetwear brand Supreme from VF for $1.5 billion, looking beyond eyewear to reach new customers.

Ray-Ban maker to buy streetwear brand Supreme Deal seen as a diversification for EssilorLuxottica Allows the company to tap into younger audience In a separate statement, EssilorLuxottica also ...

The sale of Supreme is expected to be dilutive to VF's earnings per share in fiscal 2025, according to the companies' joint statement. EssilorLuxottica shares were down 2.5 per cent at 0720 GMT. A ...

EssilorLuxottica SA agreed to buy the streetwear label Supreme from VF Corp for US$1.5bil (approximately RM7bil) in cash, adding another lifestyle brand to the French-Italian eyewear company’s ...

Ray-Ban maker EssilorLuxottica agreed to buy streetwear brand Supreme from VF for $1.5 billion, looking beyond eyewear to reach new customers. The all-cash acquisition is EssilorLuxottica’s ...

Ray-Ban maker EssilorLuxottica agreed to buy streetwear brand Supreme from VF Corp. for $1.5 billion in a move aimed at helping the company expand further beyond eyewear. The acquisition will let ...

MILAN (Reuters) -EssilorLuxottica has agreed to buy streetwear brand Supreme from VF Corporation for $1.5 billion, the companies said on Wednesday, marking the first acquisition of an apparel ...

Ray-Ban maker EssilorLuxottica agreed to buy streetwear brand Supreme from VF for $1.5 billion, looking beyond eyewear to reach new customers. The all-cash acquisition is EssilorLuxottica's ...

Shutterstock EssilorLuxottica SA agreed to buy the streetwear label Supreme from VF Corp. for $1.5 billion in cash, adding another lifestyle brand to the French-Italian eyewear company's stable ...