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Supreme Is Reportedly Hiring a Chief Financial Officer

Every billion-dollar company needs one
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For some followers of Supreme, the recent behind-the-scenes intrigue has become almost as compelling the product itself. After all, the former has an impact on the latter -- or at least how the product is distributed and sold. Last fall, news surfaced that Supreme had entered into an investment deal with The Carlyle Group, meaning that the quintessential downtown NYC brand would be expanding on a global scale. Further evidence of Supreme's inexorable growth is a new report from WWD that has the company hiring a Chief Financial Officer, a move that makes sense considering there's a billion dollars at stake here. The recruitment effort is in line with Supreme's future plans to open more stores and release increasingly high-profile collaborations similar to this past summer's Louis Vuitton blockbuster.