Carlyle Takes 50 Percent of Supreme for $500M

10/10/17

Carlyle Group has invested in Supreme, a New York clothing brand and skateboard shop, according to Woman’s Wear Daily. Carlyle has acquired a 50 percent stake in Supreme for around $500 million, WWD said. The transaction values Supreme at around $1.1 billon, the story said. A Carlyle spokesman declined comment. Executives for Supreme could not be reached for comment.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.