Carlyle’s investment in Supreme not only gave the company a $1 billion valuation but also raised a series of questions: How did it score such a big valuation? What does that higher profile mean for the future of the business? And just when did the cooler-than-thou skate brand become so corporate?
The first two questions remain unanswered. The private equity giant has not spoken about its $500 million investment and is said to have agreed to not talk about its 50 percent stake given concerns about what it would do to the brand’s street cred. And the business’ future remains to be seen, although the early indications are that plenty of people are still more than willing to snatch up the brand’s looks.
As 2018 comes to a close, we’re taking a look back at the best party photos of the year. First up, newlyweds Nick Jonas and Priyanka Chopra in black tie at Ralph Lauren’s 50th anniversary show in September.
📸: @zefashioninsider .
“Sand, summer, sea,” is how designer Sarah Staudinger describes of the beginnings of her latest collection for Staud, writes @elmercer.
Summer was encapsulated through an array of adorable picnic inspired garb in poppy hues like tablecloth gingham compact knit playsuits and matching sets and plenty of crudite-emblazoned offerings. The best foodie-looks included a salad printed waffle minidress with matching cardigan or a matching neon green knit set with fringe made of mini glass lemons (and matching croakies). #wwdfashion
With a litany of sold-out collabs, a history-making debut show for Louis Vuitton men’s and armfuls of awards, Virgil Abloh is WWD’s Newsmaker of the Year. 📸: @lexieblacklock .