×
74 686
Fashion Jobs
COLUMBIA
Global Merchandising Manager – Equipment & Accessories
Permanent · PORTLAND
SOREL
Director, Ecommerce
Permanent · PORTLAND
OLD NAVY
General Manager - Eastchase Plaza
Permanent · MONTGOMERY
JCPENNEY
Asset Protection Manager, Holyoke, ma
Permanent · Holyoke
NORDSTROM
Asset Protection - Security Ambassador - Northshore
Permanent · Peabody
NORDSTROM
Asset Protection - Agent - Belle Isle Station Rack
Permanent · Oklahoma City
NORDSTROM
Asset Protection - Agent - City Creek Center
Permanent · Salt Lake City
RALPH LAUREN
General Manager
Permanent · Southampton
URBN
pv Rittenhouse | Assistant General Manager (m&v)
Permanent · PHILADELPHIA
URBN
Free People Assistant Visual Manager
Permanent · NASHVILLE
SACKS
Lead, Inventory Control And Quality Insurance, 2nd Shift
Permanent · WILKES-BARRE
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Warsaw
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · North Andover
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Saint Joseph
KOHLS
Senior Product Manager, Marketplace, Remote
Permanent · Menomonee Falls
SALLY BEAUTY CORPORATE
00014 Certified Color Consultant
Permanent · LOS ANGELES
SALLY BEAUTY CORPORATE
Usa-100598-Product Owner - Digital
Permanent · DENTON
SALLY BEAUTY CORPORATE
Usa-100598-Product Owner - Digital
Permanent · DENTON
DECKERS
Stock Operations Lead, Ugg
Permanent · WHITE PLAINS
BLOOMINGDALE'S
Manager, Sales - Shoes/Handbags
Permanent · HUNTINGTON STATION
BLOOMINGDALE'S
Asset Protection Detective, Full Time, San Francisco
Permanent · SAN FRANCISCO
ADIDAS
Retail General Manager Adidas - Citadel Outlets 6202, Commerce ca
Permanent · COMMERCE
Published
Nov 15, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Estée Lauder close to announcing Tom Ford buy

Published
Nov 15, 2022

It’s being reported that Estée Lauder Cos is about to clinch a deal to buy the Tom Ford business for around $2.8 billion, a takeover that would be its biggest acquisition yet and that would build on the existing licensing deals it has for the American designer’s beauty products.


Tom Ford - Spring-Summer2023 - Womenswear - New York - © PixelFormula



Kering had also been in the running to buy the brand — which would have reunited Ford with the business that took control of Gucci Group when he was its creative chief — but Lauder is believed to have won the auction.

An official announcement is expected as early as Tuesday, barring any last-minute hitches.

Lauder has been seen as one of the companies most likely to buy the business since August, with reports back then suggesting a price tag of $3 billion. That’s a figure that has been revised downwards due to market volatility and a weak consumer backdrop.

The ultra-luxury Tom Ford brand includes menswear, womenswear, eyewear and that beauty portfolio for which Estée Lauder is already responsible.

It will be interesting to see how Lauder handles the fashion arm, an area in which it’s less experienced, with a person close to the matter telling The wall Street Journal that it’s expected to strike new licensing deals for the fashion and eyewear ops.

The giant US cosmetics firm is no stranger to integrating acquired business but it has never paid this kind of price before.

Copyright © 2023 FashionNetwork.com All rights reserved.