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Strategies & Market Trends : Value Investing
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To: Harshu Vyas who wrote (75734)7/17/2024 8:55:59 AM
From: E_K_S  Read Replies (1) of 78476
 
Re: V.F. Corp (VFC) 14.22 +0.89 (+6.68%) 07/16/24 [NYSE]

PRE-MARKET 15.54 +1.32 (+9.28%) 08:39 ET

Supreme is getting a surprising new owner

Italian company EssilorLuxottica announced Wednesday that it’s buying Supreme for $1.5 billion in cash from VF Corp. ( VFC), the parent company of Vans and Dickies, which bought the brand for $2.1 billion in 2020.
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