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The Independent UK
The Independent UK
National
The Associated Press

Estee Lauder to buy Tom Ford in a deal valued at $2.8B

Tom Ford Estee Lauder Luxury Tom Ford Beauty
Invision

The Estee Lauder Cos. is acquiring luxury powerhouse Tom Ford in a deal valued at $2.8 billion, marking the beauty firm’s biggest acquisition yet.

As part of the deal announced Tuesday, Ermenegildo Zegna Group and Marcolin S.p.A. will enter long-term license agreements for Tom Ford fashion and Tom Ford eyewear, respectively.

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