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Subject: "Supreme valued at a Billion dollars (swipe) " Previous topic | Next topic
BrooklynWHAT
Member since Jun 15th 2007
85002 posts
Tue Oct-10-17 12:27 AM

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"Supreme valued at a Billion dollars (swipe) "


  

          

https://www.highsnobiety.com/2017/10/09/supreme-stocks-billion-carlyle-group/?

After Supreme founder James Jebbia confirmed the sale of a minority stake of Supreme to private equity giant the Carlyle Group (and was typically tight-lipped about it), possible further details of the deal have now been made public, however nothing has been confirmed as of yet.


As Women’s Wear Daily reports, Supreme has allegedly sold a 50 percent stake in its business to the Carlyle Group for around $500 million. If true, this would put Supreme’s enterprise valuation at around $1.1 billion, $1 billion in equity and $100 million in debt.

According to WWD’s sources, the deal was kept under wraps because Jebbia feared if the sum became public knowledge, it could hurt the street cred Supreme has meticulously cultivated since its establishment.

The report goes on to claim that Supreme has projected earnings of $100 million. With the valuation being more than 10 times that, the big question is what Supreme will do with all that money. Supreme lives off of exclusivity and the fact that more people want their product than can actually have it.

Although Supreme’s true profitability is unknown, WWD speculates that the projected earnings are a step up from the current revenue Supreme generates, meaning some of the investment will need to be used to expand the business, something that directly contradicts its current business model of scarcity.

All signs point to expansion in Asia, where the brand already has six stores in Japan, but none in China, Korea and Hong Kong — all massive markets that could help Supreme reach the projected revenue.

More stores generally mean more stock, which makes Supreme less limited and therefore, by definition, less cool. But industry insiders such as Agenda Trade Show founder Aaron Levant believe more stock directly benefits consumers that miss out and have to pay resale.

<--- Big Baller World Order

  

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Supreme valued at a Billion dollars (swipe) [View all] , BrooklynWHAT, Tue Oct-10-17 12:27 AM
 
Subject Author Message Date ID
crazy
Oct 10th 2017
1
Supreme cant be supreme when investors are waiting on returns
Oct 10th 2017
2
I don't get it but I dig the marketing and hype
Oct 10th 2017
3
im honestly floored at how big it is now.
Oct 10th 2017
4
      They created a cult following.
Oct 10th 2017
8
They gonna start another label that's Supreme under a different name
Oct 10th 2017
7
Supreme is not turning into a publicly traded company
Oct 10th 2017
10
      yep they have had investors before (link)
Oct 10th 2017
11
           ok. figured as much
Oct 11th 2017
12
the same Carlyle Group that profited off 9-11?
Oct 10th 2017
5
I fucking hate Supreme
Oct 10th 2017
6
Do they really have Street Cred though?
Oct 10th 2017
9
yes.. just not in the hood.
Oct 11th 2017
13

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