Estee Lauder To Buy Fashion Brand Tom Ford In A $2.8 Billion Deal

The Estee Lauder Company is acquiring luxury powerhouse Tom Ford in a deal valued at $2.8 billion, marking the beauty firm’s biggest acquisition yet. The company also beat out French luxury conglomerate Kering, which was also rumored to be in the running to acquire the U.S. fashion label. As part of the deal announced Tuesday, … Continue reading Estee Lauder To Buy Fashion Brand Tom Ford In A $2.8 Billion Deal