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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

Estee Lauder in Talks to Acquire Tom Ford Brand

Tom Ford Estee Estee Lauder Clinique Luxury Wall Street Journal
Estee Lauder is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal. (AFP)

Cosmetics maker Estee Lauder Cos Inc is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.

The potential deal would be the Clinique brand owner's biggest acquisition ever, the report said, adding Estee is not the only suitor for Tom Ford.

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