×
2 125
Fashion Jobs
FUSION SPRINGBOARD
Ecommerce Merchandise & Content Manager
Permanent · Melbourne
FOOT LOCKER
Manager in Training
Permanent · Adelaide
JUST JEANS
Product Supply Coordinator - Just Jeans
Permanent · Melbourne
JD SPORTS
Merchandise Planner
Permanent · Haymarket
DAVID JONES
Merchandise Planner - Leather- Mimco
Permanent · Melbourne
DAVID JONES
Digital Product Owner
Permanent · Melbourne
THE JUST GROUP
Office Administrator
Permanent · Auckland
DAVID JONES
Country Road - Cluster Manager - Indooroopilly - Qld
Permanent · Brisbane
DAVID JONES
People (HR) Business Partner
Permanent · Melbourne
DAVID JONES
Commercial Finance Manager - Merchandise
Permanent · Melbourne
FUSION SPRINGBOARD
Head of Marketing
Permanent · Melbourne
DAVID JONES
Business Optimisation Manager
Permanent · Melbourne
SHEIKE
Regional Manager - Qld (Mat Cover)
Permanent · Brisbane
DAVID JONES
Payroll Operations Manager
Permanent · Melbourne
VIC
Manager in Training
Permanent · Chadstone
JD SPORTS
Store Operations Manager - Highpoint
Permanent · Maribyrnong
DAVID JONES
Loss Prevention Officer – David Jones Chatswood Chase
Permanent · Sydney
DAVID JONES
IT Cloud & Systems Administrator
Permanent · Melbourne
LULULEMON
Assistant Manager Factory Outlet | Collingwood
Permanent · Melbourne
DAVID JONES
General Manager- Politix
Permanent · Melbourne
DAVID JONES
go-to-Market Manager- Country Road Group
Permanent · Melbourne
DAVID JONES
Sales Manager Opportunities - David Jones Sydney
Permanent · Sydney
Published
Aug 1, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Estée Lauder is in talks to acquire Tom Ford brand - report

Published
Aug 1, 2022

Cosmetics giant Estée Lauder Cos Inc is reportedly in talks to acquire ultra-luxury brand Tom Ford. If it does, it could be a $3 billion deal, the Wall Street Journal said at the start of August, citing sources close to the matter.


Tom Ford



Lauder has made plenty of major purchases in its time but this would be the biggest acquisition ever for the deep-pocketed business. However, it doesn’t have the field to itself and WSJ also said that others are interested in buying the brand.

Neither Lauder nor Tom Ford have commented on the news story.

Ford is the big-name designer who revitalised Gucci in the late 1990s and the noughties and then moved on to make an impact with his own luxury fashion label. Importantly, he’s also made inroads into the luxury beauty sector with Lauder having the license for the brand's beauty operations.

If Lauder does manage to buy Tom Ford, it would add further weight to its diverse luxury offer at a time when its domestic market — the US — is booming, as well as global markets proving resilient.

It would be an interesting and unusual move for the business given that the Tom Ford business is best know for its fashion offer. It has a strong menswear arm, as well as producing womenswear and leathergoods in addition to fragrance and other beauty items.

Of course, it’s the beauty element that Lauder is most interested in and the report suggested that it could license the apparel and accessories operations.

Copyright © 2022 FashionNetwork.com All rights reserved.