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Supreme Confirmed A Minority Stake Investment From Carlyle Group

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The Business of Fashion confirmed that Supreme has sold a minority stake in the company to Carlyle Group. This has been discussed in financial and fashion circles for some time now, giving room to many speculations that have risen since the word of a potential investment came out. Now, after the investment is confirmed, we’ll have to see what the future holds for one of the fastest growing brands out there.

“We’re a growing brand, and to sustain that growth we’ve chosen to work with Carlyle, who has the operational expertise needed to keep us on the steady path we’ve been on since 1994,” said Jebbia in an exclusive statement to BoF. “Working with Carlyle allows us to concentrate on doing what we do best and remain in control of our brand, as we always have.” The full terms of the transaction have yet to be disclosed, but within the statement, we can clearly read that Carlyle has taken a minority stake in the business.

It is expected that the Carlyle Group will help grow Supreme’s business. On the other end, The Business of Fashion comments “the private equity firm presumably aims to rapidly grow and then sell the company within three to five years”.

Supreme is clearly up for an exciting 3-5 years, to say the least. We’ll follow up with more information in the following days.

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