Supreme Reports Decreased Revenue in Financial Year Ending March 2023

In the fiscal year ending March 2023, Supreme reported revenues of $523.1 million USD, marking a $38.4 million USD decrease from the same figure for the year prior, according to parent company VF Corp's report.The streetwear label's revenue results fell short of VF Corp's $600 million USD target by a significant margin. Additionally, Supreme's net income took a hit, tallying $64.8 million USD, down from last year's $82.4 million USD.VF Corp, which owns brands including Dickies, The North Face, V...