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LVMH Did Not Buy Supreme for $500 Million USD

Hypebeast - 10 Feb 2017 04:04
LVMH Did Not Buy Supreme for $500 Million USD Rumors of LVMH, the congomerate company owning Louis Vuitton, purchasing New York streetwear imprint Supreme spread like wild fire when it was announced. As fast as it reached fashion industry eyes and ears, the quicker the response came from those in-the-know that the rumors, were just that -- rumors and had no factual basis. The original source claimed their "connections in the industry have come through with something far, far juicier: LVMH, the luxury conglomerate that owns Louis Vuitton, ju...
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