Supreme bought out by louis Vuitton?

Can the rumors be true? The most hype beast clothing company bought out by one of the worlds best luxurious designer company. According to rumors the french design company Louis Vuitton bought out Supreme the worlds high end street clothing for $500 million right after a collaboration with the two companies expected to release fall 2017. The fashion industry was blown away by such a rumor and many jumped to end the rumors. According to Alec Leach from High Snob Society “Sources close to LVMH say that the report was an unfounded rumor and denied a possible deal between the French luxury conglomerate and the cult streetwear label, despite a collaboration between Louis Vuitton and Supreme, unveiled at Paris Couture Week in January.” Yet this is the maybe one of Supremes most high end collaborations ever done with a clothing company. Jonathan Sawyer says "Per @hyped_distribution, the most expensive pieces highlighted are the Christopher Backpack and Leather Blouson ($4,350 USD), while the cheapest is the Downtown Key Holder and Bag Charm ($290 USD)" The rumored prices from high snob society

CTY Bags
Christopher Backpack: $4,350
Danube PM: $2,410
Danube PPM: $1,800
Bumbag: $2,310
Apollo Backpack: $2,580
Nano Backpack: $1,840
Bumbag: $1,690

Small Leather Goods
Pochette Jour GM: $890
PF Slender: $705
Org de Poche: $445
Porte Cartes Simple: $305
PF. Brazza: $860
Chain Wallet: $860
Zippy Organizer: $1,270

Travel & Phone Accessories
Keepall Band 45 Red: $3,750
Keepall Band 45 Camo: $2,290
Keepall Band 55 Black: $4,150
Set of 2 Name Tags: $385
iPhone Folio 7: $385
iPhone Folio 7+: $420
Eye Trunk 7: $1,270
Eye Trunk 7+: $1,350

Footwear
Calf Leather & Monogram Canvas Sneaker: $965
Plain Calf Leather Sneaker: $955
Calf Leather Slipper: $850

Looks
MNG Denim Overshirt: $860
Washed Denim Bans Jacket: $2,185
Camo Denim Bans Jacket: $2,185
Camo Regular Jeans: $860
Camo Denim Jacket: $1,375
MNG Box Logo T-shirt: $485
Leather Blouson: $4,350

Textiles
5 Panel Cap: $435
Wool-Cashmere Scarf: $1,550
Cushion: $665
Bandana: $370
Scarf: $585
Baseball Gloves: $875

Belts
LV Leather With Monogram Pattern: $760

Sunglasses
City Mask Sunglasses: $505
Downtown Sunglasses: $505

Fancy Accessories
Key Holder & Bag Charm – Bottle Opener: $480
Key Holder & Bag Charm – Pocket Knife: $730
Bag Charm: $585
Downtown Key Holder & Bag Charm: $290

Fashion Jewelry
City Badge Brooches: $425
Paris Fashion Week