Estée Lauder May Acquire Tom Ford Brand: Report

In a Q2 2022 earnings call, CEO Fabrizio Freda said, 'Tom Ford Beauty exemplifies the benefits of a strategic focus on heroes and innovation.'
In a Q2 2022 earnings call, CEO Fabrizio Freda said, "Tom Ford Beauty exemplifies the benefits of a strategic focus on heroes and innovation."

A Wall Street Journal report says Estée Lauder Companies is negotiating to acquire the Tom Ford brand. The deal could be worth $3 billion.

In a Q2 2022 earnings call, CEO Fabrizio Freda said, "Tom Ford Beauty exemplifies the benefits of a strategic focus on heroes and innovation."

The potential $3 billion deal would be about 3x what the company paid for Deciem and not quite twice what it paid for Too Faced.

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