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  4. Supreme
Supreme logo
Fashion & Apparel

Who Owns Supreme?

Supreme is owned by EssilorLuxottica, an Italian eyewear company that acquired Supreme from VF Corporation in 2024. VF Corporation had originally acquired Supreme in 2020 for $2.1 billion. Supreme operates as a premium streetwear brand while maintaining its distinctive culture and limited-release business model.

Parent Company

EssilorLuxottica

Acquired

2024

Status

Publicly Traded

Headquarters

New York City, New York, USA

Supreme Timeline

1994

Supreme

Founded by James Jebbia

Founded
2024
Acquired by EssilorLuxottica

EssilorLuxottica acquired Supreme

Acquired
mid rangemass marketGlobalunisexOfficial Website

Who Owns Supreme?

  • Parent Company: EssilorLuxottica
  • Ownership Type: Wholly owned
  • Acquisition Year: 2024
  • Company Type: Publicly Traded
  • Stock Ticker: Euronext Paris / Borsa Italiana: EL
BrandParent CompanyOwnership Type
SupremeEssilorLuxotticaWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonSupreme on Amazon

History of Supreme

  • Founded: 1994
  • Founders: James Jebbia
  • Acquired by EssilorLuxottica: 2024

Supreme was founded in 1994 by James Jebbia in New York City, initially as a skateboarding shop in downtown Manhattan. The store sold clothing and accessories that catered to the New York skateboarding scene, with products designed by local skaters and artists. The first store was located on Lafayette Street in Manhattan.

Throughout the late 1990s and 2000s, Supreme evolved from a local skate shop into a global streetwear phenomenon. The brand's iconic red box logo, inspired by Barbara Kruger's conceptual art, became one of the most recognized symbols in streetwear. Supreme's business model of weekly limited-edition "drops" created artificial scarcity and intense demand among consumers.

The 2010s saw Supreme's influence expand beyond skateboarding into mainstream fashion and luxury markets. Key collaborations with Louis Vuitton (2017), The North Face, Nike, Comme des Garcons, and Levi's generated significant media coverage and consumer excitement. The Louis Vuitton collaboration in particular marked Supreme's acceptance by the luxury fashion establishment.

In 2017, private equity firm The Carlyle Group acquired a 50 percent stake in Supreme, valuing the company at approximately $1 billion. This investment provided liquidity for Jebbia and other early investors while maintaining the brand's operational independence.

In 2020, VF Corporation acquired Supreme for $2.1 billion, bringing the brand under corporate ownership. VF, which also owns The North Face, Vans, and Timberland, expected Supreme to contribute significant growth to its portfolio. However, Supreme's revenue and profitability underperformed VF's expectations, with the brand generating approximately $500 million in annual revenue rather than the projected higher figures.

In 2024, EssilorLuxottica acquired Supreme from VF for approximately $1.5 billion, representing a $600 million loss for VF Corporation. The acquisition marked EssilorLuxottica's first major expansion beyond eyewear into apparel and lifestyle brands.

About EssilorLuxottica

What does EssilorLuxottica own?
EssilorLuxottica owns a portfolio of eyewear brands including Ray-Ban, Oakley, Persol, Oliver Peoples, Costa, Alain Mikli, Foster Grant, and Arnette, along with the Supreme streetwear brand acquired in 2024. The company also owns optical lens brands including Varilux, Crizal, Transitions, and Stellest, and operates retail chains including LensCrafters, Sunglass Hut, Pearle Vision, Target Optical, and OPSM. Additionally, it produces eyewear under license for luxury fashion houses including Chanel, Prada, Tiffany and Co., and Burberry.

Is EssilorLuxottica publicly traded?
Yes, EssilorLuxottica is publicly traded on Euronext Paris and Borsa Italiana under ticker symbol EL. The company has been publicly traded since its formation on October 1, 2018, through the merger of Essilor and Luxottica. Its largest shareholder is Delfin Sarl, the Del Vecchio family holding company, with approximately 32% of shares.

Who founded EssilorLuxottica?
EssilorLuxottica was formed in 2018 through the merger of French company Essilor, whose roots date to 1849 as a Parisian optical workshop, and Italian company Luxottica, founded in 1961 by Leonardo Del Vecchio in Agordo, Italy. The merger was led by Del Vecchio and then-Essilor CEO Hubert Sagnieres, creating the world's largest eyewear company with a combined market capitalization of approximately $70 billion.

Where is EssilorLuxottica headquartered?
EssilorLuxottica is dual-headquartered in Paris, France and Milan, Italy. The Paris office reflects the Essilor legacy, while the Milan office reflects the Luxottica heritage. The company is registered in Charenton-le-Pont, France.

How many brands does EssilorLuxottica own?
EssilorLuxottica owns more than 10 proprietary eyewear brands, produces eyewear under license for more than 20 luxury fashion houses, owns several optical lens brands, and operates more than 18,000 retail stores under multiple banners globally. The company also owns the Supreme streetwear brand.

Who owns EssilorLuxottica?
EssilorLuxottica is publicly owned with no single controlling shareholder. Delfin Sarl, the Del Vecchio family holding company, is the largest shareholder with approximately 32% of the capital. The remainder is held by institutional investors, mutual funds, and retail investors globally. No other individual or entity holds a controlling stake.

What is EssilorLuxottica's revenue?
EssilorLuxottica reported FY2025 revenue of EUR 28,491 million, up 7.5% year-over-year at current exchange rates and 11.2% at constant exchange rates. Adjusted operating profit was EUR 4,459 million with an adjusted operating margin of 16.0% at constant exchange rates. In H1 2026, revenue grew 9.7% at constant exchange rates with adjusted operating profit up 15%.

What are Ray-Ban Meta smart glasses?
Ray-Ban Meta are AI-powered smart glasses developed through a partnership between EssilorLuxottica and Meta Platforms, launched in September 2023. The glasses combine Ray-Ban's iconic design with Meta's AI technology, enabling features such as photo and video capture, voice commands, music streaming, and AI assistant capabilities. In FY2025, EssilorLuxottica sold more than 7 million AI glasses units, including Ray-Ban Meta and the Oakley Meta variant launched in June 2025.

  • Founded: 2018
  • Headquarters: Paris, France and Milan, Italy
  • Company Type: Publicly Traded
  • Stock: Euronext Paris / Borsa Italiana: EL
  • Revenue: EUR 28.5 billion (FY2025)
  • Employees: Approximately 200,000

Visit EssilorLuxottica website

View full company profile for EssilorLuxottica

Where Is Supreme Made / Based?

  • Headquarters: New York City, New York, USA

Supreme Categories & Tags

StreetwearSkateboardingLimited EditionYouth CultureLuxury Fashion

Supreme Sustainability & Ethics

Supreme does not publish a standalone sustainability report and does not hold independent sustainability certifications such as B Corp status. As a subsidiary of EssilorLuxottica, the brand operates under the parent company's broader ESG framework.

Supreme's limited-release business model inherently reduces overproduction compared to fast fashion, as products are produced in limited quantities and typically sell out quickly. However, the brand does not publicly report on its environmental impact, carbon emissions, or supply chain sustainability metrics.

Supreme has faced questions about supply chain transparency and manufacturing ethics. The brand works with contract manufacturers in multiple countries but does not publicly disclose its supplier list or factory audit results. This lack of transparency has drawn criticism from sustainability advocates who call for greater disclosure in the fashion industry.

The brand has supported community initiatives related to skateboarding culture, including partnerships with skate parks and youth programs. However, these initiatives are not formally structured as a corporate social responsibility program with public reporting.

EssilorLuxottica publishes an annual sustainability report covering its eyewear operations, but the extent to which Supreme is included in this reporting is limited given the recent acquisition.

Awards & Recognition

Supreme does not hold notable independent industry awards from recognized awarding bodies. The brand's recognition is primarily cultural rather than formal, based on its influence on streetwear, skateboarding, and youth culture rather than design awards or industry accolades.

Supreme has been featured in museum exhibitions, including items in the collection of the Metropolitan Museum of Art's Costume Institute. The brand's collaboration with Louis Vuitton in 2017, designed by LV's then-creative director Kim Jones, was widely covered in fashion media and is considered a landmark moment in the convergence of streetwear and luxury fashion.

The brand has been profiled in major business and fashion publications including The New York Times, GQ, Complex, and Highsnobiety. These profiles have documented Supreme's cultural influence rather than formal awards.

Supreme Recalls & Controversies

Supreme has not been subject to major product safety recalls. However, the brand has faced several controversies throughout its history.

Counterfeiting is a significant challenge for Supreme. The brand's iconic red box logo and limited-release model have made it one of the most counterfeited brands in the world. Counterfeit Supreme products are widely available on online marketplaces and in physical markets globally. The company has invested in anti-counterfeiting measures including legal enforcement and authentication technologies, but the scale of counterfeiting remains a persistent problem.

In 2018, Supreme was the subject of a bizarre incident when a fake Supreme store opened in Shanghai, China, complete with fake products and store design. The store was widely covered in media before being shut down, highlighting the challenges Supreme faces in protecting its brand in markets where it does not have official retail presence.

Supreme has faced criticism regarding cultural appropriation. Some collaborations and designs have been criticized for using cultural symbols or artwork without proper attribution. The brand has had to navigate these issues while maintaining its reputation for cultural awareness and authenticity.

The brand's limited-release model has drawn criticism regarding accessibility and fairness. Bot operators and resellers have been accused of purchasing large quantities of products during online drops, making it difficult for genuine fans to purchase items at retail prices. Supreme has implemented various anti-bot measures on its website, but the secondary market continues to thrive.

VF Corporation's $600 million loss on the Supreme investment (paying $2.1 billion in 2020 and selling for $1.5 billion in 2024) raised questions about whether corporate ownership is compatible with maintaining a streetwear brand's cultural credibility. The underperformance under VF ownership demonstrated the challenges of scaling a brand whose value is fundamentally tied to scarcity and counter-culture authenticity.

Supreme Ownership: Pros & Cons

Advantages

  • +Access to EssilorLuxottica's global distribution network and retail infrastructure
  • +Strong brand recognition and cultural influence in streetwear and youth culture
  • +Premium positioning with high-profit margins on limited-edition products
  • +Established collaboration model with major fashion and lifestyle brands
  • +Robust secondary market demonstrating strong consumer demand

Considerations

  • -VF Corporation's $600 million loss on its Supreme investment raises questions about corporate ownership compatibility
  • -Dependence on youth culture trends and fashion cycles that can shift quickly
  • -Counterfeiting remains a persistent challenge despite anti-counterfeiting investments
  • -Limited-release model constrains revenue growth potential
  • -Cultural authenticity can be difficult to maintain under large corporate ownership
  • -Bot operators and resellers create frustration for genuine consumers during product drops

Frequently Asked Questions About Supreme

Sources & Further Reading

  • Supreme Official Website
  • EssilorLuxottica Official Website
  • VF Corporation Official Website
  • EssilorLuxottica Investor Relations
  • Borsa Italiana: EssilorLuxottica (EL)
  • Supreme Wikipedia
  • EssilorLuxottica Wikipedia
  • VF Corporation Wikipedia
  • StockX Supreme Market Data
  • Complex Supreme Coverage

Competitors to Supreme

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
VansVans
Vf Corporation
USA
1966
Mass marketGlobalUnisex

Learn More About Competitors

VansFashion Apparel

Vans

Owned by VF Corporation

American skateboarding footwear and apparel brand founded in 1966 in Anaheim, California, owned by VF Corporation and known for iconic models like the Old Skool and Sk8-Hi.

skateboardingfootwearcalifornia-brand

Competitive Analysis

Market Positioning: Supreme competes with 1 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Supreme

Looking for brands with different ownership structures? These similar brands are not owned by EssilorLuxottica, giving you alternative choices that support different corporate structures.

ChampionFashion Apparel

Champion

Owned by Authentic Brands Group

American sportswear brand known for hoodies and sweatshirts, owned by Authentic Brands Group.

sportswearathletic-apparelhoodies
Privately Owned

Champion is privately owned, unlike Supreme which is under a publicly traded parent company.

IzodFashion Apparel

Izod

Owned by Authentic Brands Group

American casual sportswear and golf apparel brand founded in 1938, known for polo shirts and preppy aesthetic. Owned by Authentic Brands Group since 2021 and operated through licensing partners.

golfsportswearpolo-shirts
Privately Owned

Izod is privately owned, unlike Supreme which is under a publicly traded parent company.

NauticaFashion Apparel

Nautica

Owned by Authentic Brands Group

American apparel brand specializing in nautical-inspired clothing, outerwear, and lifestyle products for men, women, and children. Owned by Authentic Brands Group and operated by Catalyst Brands.

nautical-fashionapparelouterwear
Privately Owned

Nautica is privately owned, unlike Supreme which is under a publicly traded parent company.

SkechersFashion Apparel

Skechers

Owned by Skechers U.S.A., Inc.

American footwear brand known for comfort-focused shoes, the third-largest footwear company globally by revenue.

footwearcomfort-shoessneakers
Privately Owned

Skechers is privately owned, unlike Supreme which is under a publicly traded parent company.

UNTUCKitFashion Apparel

UNTUCKit

Owned by Randa Apparel & Accessories

Digitally native menswear brand known for shirts designed to be worn untucked, founded in 2010 and acquired by Randa Apparel & Accessories in September 2026.

menswearshirtsdirect-to-consumer
Privately Owned

UNTUCKit is privately owned, unlike Supreme which is under a publicly traded parent company.

Van HeusenFashion Apparel

Van Heusen

Owned by Authentic Brands Group

American dress shirt and professional apparel brand with roots dating to 1881, now owned by Authentic Brands Group and operated through licensing partnerships.

dress-shirtsprofessional-apparelamerican-brand
Privately Owned

Van Heusen is privately owned, unlike Supreme which is under a publicly traded parent company.

EssilorLuxottica Stock Information

Jobs at EssilorLuxottica

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Last reviewed: July 24, 2026 · Reviewed by Who Brands Editorial Team