16 Oct carlyle group supreme
The brand caters to the skateboarding and hip hop cultures as well as to youth culture in general. The brand produces clothes and accessories and also manufactures skateboards. According to Women’s Wear Daily, which first reported the deal, Carlyle has purchased a … Carlyle Group has invested in Supreme, a New York clothing brand and skateboard shop.
Carlyle Group Inc. Chief Executive Officer Kewsong Lee is working on post-election plans and helping employees avoid burnout, while continuing to pursue deals, especially outside the U.S. The Carlyle Group (50%) Website: www.supremenewyork.com: Supreme is an American skateboarding shop and clothing brand established in New York City in April 1994. James Jebbia’s streetwear brand Supreme has sold a 50% stake in the business to the private equity firm The Carlyle Group for around $500 million, which would value the brand at around $1 billion. But that may not be enough for some to forgive the $500 million it took from The Carlyle Group. While The Carlyle Group’s past ties to tear gas spread on social media, Supreme announced last week a donation of $500,000 to four organizations tied to fighting racism in policing, the judiciary, and communities at large.
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