Supreme's Recent Buyout Values The Brand at $1 Billion USD

Last week it emerged that Supreme may of been selling part of there company to investment firm, Carlyle Group. This has now been confirmed and the value of the company is truly something to behold.

The investment firm purchased 50% of the companies shares for an eye-watering $500million. This means that the New York Skate store is now valued at a colossal $1 Billion USD.

You know James Jebbia is laughing all the way to the bank right now.

What has been your favourite piece to release from Supreme’s FW17 collection?

Keep it locked to Above The Sole for all of the best news and releases from the streetwear community.