Headlines

Estée Lauder Could Make Its Largest-Ever Acquisition

The cosmetics giant is sizing up luxury brand Tom Ford in a potential $3 billion deal

Published

2 years ago

August 4, 2022

VMSD Staff

Estée Lauder Could Make Its Largest-Ever Acquisition — Andrey Zhuravlev, iStock

Andrey Zhuravlev, iStock

Estée Lauder (New York) is in talks to buy luxury fashion label Tom Ford for a sum in the $3 billion neighborhood, The Wall Street Journal reports.

The cosmetics company isn’t Tom Ford’s only suitor, but if the deal comes to fruition, it would be Estèe Lauder’s largest-ever acquisition.

Tom Ford is known for its menswear, but it also has a high-end line of cosmetics and fragrances. Estée Lauder, according to the outlet, is most interested in the beauty business and could look to license the clothing lines elsewhere.

Read more at The Wall Street Journal.

VMSD Staff

Drawing on more than 125 years of history serving the retail design market, VMSD magazine provides retail professionals with the most up-to-date, innovative retail design ideas and industry news through its industry-leading magazine, website, social media channels and bulletins.

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