Cult streetwear brand Supreme is now a unicorn

James Jebbia’s streetwear brand Supreme has sold a 50 percent 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. That makes the streetwear company the first to join the ranks of so-called unicorns like Uber, Snapchat, Spotify, Dropbox and other …

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James Jebbia’s streetwear brand Supreme has sold a 50 percent stake in the...

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