Deals

Estee Lauder Seeks to Buy Tom Ford for $2.8 Billion, FT Reports

A tube of Estee Lauder Companies Inc. lipstick.
Photographer: Daniel Acker/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Matthew Monks

November 11, 2022 at 7:04 PM UTC

This article is for subscribers only.

Estée Lauder Cos. is close to a deal to buy US luxury brand Tom Ford, founded by the former longtime creative director for Gucci, the Financial Times reported Friday.

The transaction would value Tom Ford, a fashion empire that spans across menswear, eyewear, beauty and fragrance, at $2.8 billion, the report said.