Estée Lauder in Talks to Buy Luxury Brand Tom Ford

by | Aug 1, 2022 | Business

Estée Lauder is in talks to buy luxury fashion brand Tom Ford, according to people familiar with the matter, in what could be a $3 billion or more deal representing the cosmetics giant’s largest-ever acquisition.New York-based Estée Lauder primarily sells skin-care products, cosmetics and perfume. Its brands include MAC, Clinique, La Mer and Aveda. With a market value of nearly $100 billion, it has the wherewithal to do such a deal.

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