The company that owns niche brands like The North Face and Vans is adding to that portfolio with Supreme, a slick streetwear fashion brand.
Terms of the acquisition were not disclosed Monday.
With the Supreme acquisition, VF is strengthening its online and direct-to-consumer business. While Supreme operates slick stores in places like
Supreme is expected to add modestly to VF’s revenue and adjusted earnings per share in 2021. It is expected to contribute at least
Shares of
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