Carlyle takes 50 pct of Supreme for $500 mln: WWD — UPDATED

Carlyle Group has invested in Supreme, a New York clothing brand and skateboard shop, according to Women’s Wear Daily. Carlyle has acquired a 50 percent stake in Supreme for around $500 million, WWD said. The transaction values Supreme at around $1.1 billon, the story said. A Carlyle spokesman declined comment. Executives for Supreme could not be reached for comment. UPDATE: Goode Partners LLC was an investor of Supreme and sold its stake to Carlyle, a source said.