Estée Lauder’s acquisition of Tom Ford focuses on fragrances

After weeks of rumors and discussions, the Estée Lauder Group has finally bought the House of Tom Ford for $2.3 billion, an amount that includes cash and debt. This new purchase puts the emphasis on beauty, before fashion.


The American fashion and beauty house, valued at 2.8 billion dollars, was finally bought for 2.3 billion by the Estée Lauder group. Tom Ford, the founder, CEO and main shareholder of the eponymous House will keep his position as creative director until the end of 2023. Domenico De Sole, president of Tom Ford International, will remain as a consultant until the same date.


I couldn’t be happier with this acquisition, as The Estée Lauder Companies is the perfect home for the brand,” the designer said in a statement. “They have been an extraordinary partner from day one of my founding the company, and I am thrilled to have them become the stewards of luxury in this new chapter of the Tom Ford brand.”


Estée Lauder, now head of the American company, will outsource fashion and accessories, to companies like Ermenegildo Zegna NV (fashion), or Marcolin (eyewear), already licensed.


This article is reserved for subscribers.

Subscribe now !

Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…

Already have an account ? Please log in.

Featured photo : © Press


The editorial team
The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

Subscribe to our Newsletter

Sign up now to receive sneak previews of our programs and articles!

Unlimited access to luxury news.

Discovery offer 1€ for 1 month!

Luxus Plus Newsletter