Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Vans Footwear Parent Company VF To Acquire Streetwear Brand Supreme For $2.1 Billion

by ErinBoogie
November 9, 2020
Reading Time: 1 min read
0
Ballerific Fashion: Streetwear Fashion Brand Supreme Moving Shopping Domain To Shopify

supreme

Share on FacebookShare on Twitter

The parent company of Vans footwear announced on Monday that it would be buying popular streetwear company Supreme.

Denver-based VF Corp will pay $2.1 billion, plus another $300 million payment “subject to the satisfaction of certain post-closing milestones.” According to CNBC, the deal is on track to be completed by the end of the year.

“The acquisition of the Supreme® brand is further validation of our vision and strategy to further evolve our portfolio of brands to align with the total addressable market opportunities we see driving the apparel and footwear sector,” Steve Rendle, VF’s Chairman, President, and Chief Executive Officer said in a press release.

As a result of the deal, investors Carlyle Group and Goode Partners will sell their stakes in Supreme. Founder James Jebbia and the company’s senior management will remain with the company in New York.

“We are proud to join VF, a world-class company that is home to great brands we’ve worked with for years, including The North Face®, Vans®, and Timberland®,” Jebbia said in the press release. “This partnership will maintain our unique culture and independence while allowing us to grow on the same path we’ve been on since 1994.”

Supreme will join popular brands The North Face and Timberland on VF’s roster. The company is known for its apparel, accessories, and footwear.

 

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: SupremeVF

Related Posts

Only Survivor of Air India Crash Speaks Out From Hospital Bed
News

“He Thought He Was Going to Die”—Only Survivor of Air India Crash Speaks Out From Hospital Bed [Video]

June 13, 2025

Tragedy struck the skies above Ahmedabad when an Air India flight went down shortly after takeoff. Wreckage lit up the...

Hurricane
News

Major Hurricane Forecasting Tool Pulled Right Before Season Starts—Experts Sound the Alarm

June 13, 2025

Just as the 2025 hurricane season begins, federal scientists have lost access to one of their most valuable forecasting tools—Saildrones....

"Graveyard Dead”: Florida Sheriff Threatens to Kill Protesters
News

“Graveyard Dead”: Florida Sheriff Threatens to Kill Protesters [Video]

June 13, 2025

Brevard County Sheriff Wayne Ivey has ignited a firestorm after delivering an unapologetically violent warning aimed at protesters opposing ICE...

Coinbase Drops Credit Card with Amex That Pays You in Bitcoin [Video]
News

Coinbase Drops Credit Card with Amex That Pays You in Bitcoin [Video]

June 13, 2025

Coinbase just stepped into the credit card game. The crypto giant teamed up with American Express to launch its very...

Next Post
Eva Longoria for Flaming Hot

Eva Longoria Faces Backlash Over "Latinas Were the Real Heroines" Of Biden Victory Comments

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d