Supreme sold for $2 billion, here’s what people think

Supreme sold for $2 billion, here’s what people think

VF Corp buying Supreme for US$2.1 billion? Of course people had to have their say.

VF Corp Buying Supreme Comments

Unless you’ve been living under a rock, you’ll know that VF Corp is buying Supreme for US$2.1 billion. Prior to acquiring the New York streetwear label, the footwear and apparel conglomerate already owned three other major brands Vans, Timberland and The North Face.

The full cash deal will close bythe end of the year, but it is far from VF Corp’s most expensive acquisition, which was Timberland, a brand they bought for US$2.3 billion in 2007.

Supreme will reportedly be allowed to continue its independent business tactics with its founder, James Jebbia, as the head of the whole operation. “This partnership will maintain our unique culture and independence, while allowing us to grow on the same path we’ve been on since 1994,” Jebbia reaffirms in a press statement.

Once news of the acquisition broke, comments sections blew up with opinions about the massive buyout and speculations about Supreme’s future. Here’s a round-up of what people had to say on social media.

 

Supreme will change for the worse

VF Corp would lead Supreme to over-produce 

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

Supreme will go against their founding values

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

Supreme resellers would run out of business

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

Supreme will stay the same

Supreme will flourish

The more optimistic ones see this as a chance to increase the access to Supreme and maybe even put an end to bots

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

VF Corp may open the flood gates for future collaborations 

VF Corp Buying Supreme Comments

VF Corp Buying Supreme Comments

 

Whichever camp you’re on, James Jebbia scored big

VF Corp Buying Supreme Comments

All images: Supreme 

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