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Andrea Felsted

Estee Lauder Envies Tom Ford's Fragrance. Does It Fancy Its Fashion?

The fashion house has reportedly caught the attention of makeup giant Estee Lauder. Beauty really is in the eye of the beholder. 

Who wants me?

Who wants me?

Photographer: JP Yim/Getty Images North America

Beauty is in the eye of the beholder. The adage will really be the case if Estee Lauder Cos. acquires Tom Ford for $3 billion.

While the cosmetics group may covet full control of Tom Ford’s beauty and fragrance arm, dealing with the company’s clothing and accessories would be much more of a stretch.