In 1994, the first Supreme store was launched by a man named James Jebbia. It wouldn’t take long until Supreme was able to stand out from other skater brands to become something completely unique. Since 1994, Jebbia has taken the Supreme clothing brand from one store to becoming a brand that Vogue reported reaching a legendary global status. Whether it’s a Supreme brand sweatshirt or signature bag, this brand is popular with customers around the world. Considering that, it’s important to be aware that Supreme has now entered the exclusive Billion Dollar Club.
How Supreme Entered the Billion Dollar Club
The Wall Street Journal is one of the most well known financial publications throughout the world. Considering that, becoming a company that can join this publication’s Billion Dollar Club isn’t an easy task. In fact, this is an incredible merit that only 168 companies can claim. One of those companies is Supreme.
It’s understandable to wonder how the Supreme brand became so popular. Vogue found that the average Supreme customer is between the ages of 18 to 25 and simply wants to purchase items that are cool. With that in mind, Supreme is a brand that speaks to those wanting to remain in style. If someone wants a cool piece of clothing, they’ll likely look for a Supreme brand sweatshirt or graphic tee.
Expanding While Remaining a Cult Brand
The recent news of Supreme entering into the Billion Dollar Club has certain people wondering what the future is for this company. This brand was able to reach such an immense distinction with only 11 retail locations offering Supreme clothing for sale. That being said, it’s likely that new Supreme stores will continue to appear around the world. However, only time will tell what the future expansion projects will be for this brand
In closing, Supreme recently made headlines around the world by once again setting standards within the apparel industry. This clothing company was recently included in the Wall Street Journal’s extremely exclusive Billion Dollar Club. As of this writing, only 167 other companies belong to this distinctive group of businesses worth at or over $1 billion. Considering that, many people around the world purchasing Supreme brand sweatshirts, bags, and other items are eagerly awaiting to hear how this brand plans to expand.