Supreme, the iconic American streetwear brand under the microscope

Supreme Is a Cult American Streetwear Brand Under the Microscope
photo: wwd.com

Founded by James Jebbia in 1994 on Lafayette Street in New York, Supreme grew from a single shop serving skaters. Today? 17 locations worldwide, $538 million in revenue (fiscal year 2024), and an owner in the form of powerhouse EssilorLuxottica (acquisition completed in October 2024). Not bad for a skateboard boutique.

Supreme is the red logo and the Thursday ritual

What makes Supreme evoke such strong emotions? The “drop model,” that is:

  • Limited releases every week on Thursdays at 11:00 AM Eastern Time
  • Artificially limited supply (a T-shirt? Maybe 500 pieces worldwide)
  • Queues in front of stores and reselling at 300% of the price

This is not an ordinary sale. It’s a ritual where you’re not just buying a product, but taking part in an event. Products sell out within minutes, sometimes seconds. What didn’t make it to the cart? It ends up on the secondary market for the price of an apartment.

In the next section, you’ll see how the brand went from a single store to a global empire and why every collaboration (yes, Nike SB Dunk too) sends the internet into a frenzy.

History and Evolution

Before James Jebbia opened Supreme, he first had to understand New York. He moved there in 1982, worked at Union NYC (1989), then at the New York branch of Stüssy (1991). It was there that he learned what skateboarding really needs, at least when it comes to clothing.

Key milestones

YearEvent
1994Opening of the first store on Lafayette Street in SoHo
1996Formation of the skate team
1998Expansion into Japan, 3 stores
2002Nike SB Dunk, the first major collaboration
2011Store in London
2012Collection with Comme des Garçons
2017Louis Vuitton, CFDA award, Carlyle acquires 50% for 500 million USD (valuation: 1 billion USD)
2020VF Corp acquires for USD 2.1 billion
2022-2023Tremaine Emory as creative director, then resignation
10.2024EssilorLuxottica finalizes $1.5 billion acquisition

It is worth mentioning that the distinctive red box logo is clearly inspired by the works of artist Barbara Kruger (white and red inscriptions set against images). The debate about the ethics of this appropriation continues to this day.

From skater culture to high fashion

A small retail space with concrete ramps evolved into a global streetwear-luxury hybrid. Collaboration with Louis Vuitton in 2017 ended the debate about whether Supreme is “real fashion” — nobody cared anymore, as the brand gained acceptance everywhere.

How does the drop model work?

Supreme has elevated its drop system to cult status. Every Thursday, precisely at 11:00 a.m. New York time, a new collection goes on sale. Limited quantities, no pre-sales, no announcements about how many pieces are available. This artificial scarcity is a deliberate strategy that fuels resale on the secondary market. Products regularly fetch prices from 2 up to even 10 times higher than retail. Although there has been a recent cooling, Supreme’s share on StockX has dropped from around 36% in 2020 to about 16% now. The hype, however, is still alive.

ChannelPrincipleExample
supreme.comDigital-first premiere, Thursday 11:00 AM ESTMain selling point
Physical stores17 locations worldwide4 USA, 4 Europe, 9 Asia
Dover Street MarketThe only external wholesale pointCollaboration with Rei Kawakubo

Quality, logo, and things no one expects

Supreme T-shirts are made from 220-240 g/m² cotton, sweatshirts feature reinforced seams, and chinos get bar-tack stitching at critical points. Box logo? Futura Heavy Oblique, white on a red background, dimensions about 4.5×3 inches. The same for years.

And then there are the accessories. Supreme sold a brick with its own logo. A Maglite flashlight. A Buck 120 knife. Marketing relies entirely on word-of-mouth and ambassadors like A$AP Rocky or Tyler, the Creator. Zero traditional advertising. Today, the brand is targeting China and Korea, and after being acquired by EssilorLuxottica, we’ll probably see more eyewear (Ray-Ban, Oakley).

Between the street and the salon

Supreme operates on the border of two worlds, and that is precisely where its strength lies. On one hand, it remains true to the street, its skate DNA, and the culture that gave birth to it. On the other, it enters galleries, appears in art collectors’ collections, and costs as much as works by renowned artists. This duality is no accident—it’s a strategy that has made the brand more than just clothing.

Actually, you’re not buying a T-shirt. You’re buying a piece of cultural history that you can wear or hang on your wall. And that’s what fascinates, whether you’re on a skateboard or at an art opening.

Noahii U90

editorial fashion & lifestyle

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