Tag: $VF Corp

EssilorLuxottica expands into streetwear with $1.5bn Supreme deal

Eyewear giant EssilorLuxottica has agreed to buy US streetwear brand Supreme for $1.5bn, expanding its brand portfolio beyond eyewear and lenses for the first time.

North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags

VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel and footwear amid strained consumer spending.