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Here’s How Supreme Became a Billion-Dollar Streetwear Brand

A minotriy stake of Supreme has been reportedly sold for $500 million to the Carlyle Group, which would make the popular streetwear brand valued at one billion. If true, the company would join the ranks of the less than 200 venture-backed private companies that are currently valued at or above one billion.

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COMPLEX is a community of creators and curators, armed with the Internet, committed to surfacing and sharing the voices and conversations that define our new America. Our videos exemplify convergence culture, exploring topics that include music, sneakers, style, sports and pop culture through original shows and Complex News segments. Featuring your favorite celebrities, authoritative commentary, and a unique voice, our videos make culture pop.

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