Following our feature on the Carlyle Group purchasing a stake in Supreme, further details of the deal are starting to surface. According to Women’s Wear Daily, the publication that initially broke the news, the deal is worth $500 million USD, with Carlyle purchasing 50% of the business’ stocks. If this news is accurate, it would mean that Supreme’s market value is currently $100 million USD.
According to WWD‘s report, this news could potentially damage Supreme’s credibility, which is going to have to be carefully balanced with James Jebbia and Carlyle’s plans for expansion. At the moment, none of these details have been officially confirmed, but keep checking back for more information on the deal.
As of right now, none of these details have been officially confirmed, but we will keep you updated with any more information on the deal.