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VF To Sell Supreme Brand To EssilorLuxottica For $1.5 Bln In Cash; Stock Up In Pre-market
V.F. Corp. (VFC) announced on Wednesday that it has agreed to sell its skating brand, Supreme to EssilorLuxottica, a French manufacturer and distributor of ophthalmic lenses, for $1.5 billion in cash. Following this announcement, the stock increased by 9% …