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Estee Lauder agrees to buy Tom Ford brand for $2.3b

NEW YORK — Luxury beauty brand Estee Lauder said in a statement on Tuesday it had agreed to buy designer Tom Ford’s company for $2.3 billion.The deal, which values Ford’s business at $2.8 billion, will see the US fashion superstar remain in his position as creative director until the end of next year, the statement said.
Saint Laurent Pays De La Loire United States Tom Ford Yves Saint Laurent Ermenegildo Zegna

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Estee Lauder agrees to buy Tom Ford brand for $2.3b

NEW YORK — Luxury beauty brand Estee Lauder said in a statement on Tuesday it had agreed to buy designer Tom Ford’s company for $2.3 billion.The deal, which values Ford’s business at $2.8 billion, will see the US fashion superstar remain in his position as creative director until the end of next year, the statement said.
Saint Laurent Pays De La Loire United States Tom Ford Yves Saint Laurent Ermenegildo Zegna

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