EssilorLuxottica has agreed to buy the brand from Vans owner VF for $1.5 billion, a move aimed at helping the Ray-Ban maker expand beyond eyewear.

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

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 Corp. for $1.5 billion in a move aimed at helping the company expand further beyond eyewear.

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...

VF is selling Supreme to EssilorLuxottica for $1.5 billion, far less than it paid in 2020. Since then, Supreme has fallen hard in the fast-paced streetwear business.

Jefferies upgraded EssilorLuxottica (ESLOY) to Buy from Hold with a price target of EUR 310, up from EUR 195. The company is a “structural share taker and prime consolidator in a steadily ...

Ray-Ban maker EssilorLuxottica EL 0.21% said it would buy AI-focused ophthalmology platform Optegra from MidEuropa, as part of the group’s medical technology strategy.

UBS downgraded EssilorLuxottica (ESLOY) to Neutral from Buy with a price target of EUR 248, up from EUR 232. The stock’s valuation is rich and UBS is mindful of risks such as tariffs, the ...

Ray-Ban maker EssilorLuxottica agreed to buy the Supreme brand from Vans owner VF Corp. for $1.5 billion in cash. The U.S. apparel company found as part of a strategic portfolio review that sale ...