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.

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.

Meta may not have officially announced its investment in the eyewear group just yet, but the idea sends a clear signal that ...

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 ...

EssilorLuxottica SA, maker of Ray-Ban eyewear, last week acquired streetwear label Supreme from the US apparel and footwear company for $1.5 billion.

EssilorLuxottica have entered into a definitive agreement to buy the streetwear label Supreme from VF Corp. for US$1.5 billion in cash. Supreme is soon to be one of the many acquisitions of the ...