EssilorLuxottica Completes Acquisition of Supreme from VF Corporation

EssilorLuxottica Completes Acquisition of Supreme^® from VF Corporation

Paris, France and Denver, Colorado (USA) (October 2, 2024 - 7am CEST) - EssilorLuxottica, a global leader in the optical industry, announced that it has successfully closed the previously announced transaction to acquire the Supreme^® brand from VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, for an aggregate base purchase price of $1.5 billion in cash subject to customary adjustments.

The transaction has been cleared by all relevant competition authorities.