Van parent VF Corp.'s stock up 1.3% after company announces sale of Supreme skating brand to EssilorLuxottica for $1.5 billion in cash

By MarketWatch | Jul 17, 2024 at 06:15 AM EST

VF Corp's stock rose after announcing the sale of Supreme to EssilorLuxottica for $1.5 billion. The CEOs of both companies see the acquisition as a strategic move to reach new audiences and drive innovation. The deal is set to close by year-end.

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