Carlyle Group has invested in Supreme, a New York clothing brand and skateboard shop, according to Women’s Wear Daily. Carlyle has acquired a 50 percent stake in Supreme for around $500 million, WWD said. The transaction values Supreme at around $1.1 billon, the story said. A Carlyle spokesman declined comment. Executives for Supreme could not be reached for comment. UPDATE: Goode Partners LLC was an investor of Supreme and sold its stake to Carlyle, a source said.
Source: https://www.pehub.com/2017/10/carlyle-takes-50-pct-of-supreme-for-500-mln-wwd/
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