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Estee Lauder in talks to buy Tom Ford in 3 billion dollar deal

Rumours that Tom Ford is looking to sell his namesake brand surfaced in July when Bloomberg said the fashion and beauty business had appointed Goldman Sachs to find a buyer. Speculation is rife that Estée Lauder may be the main contender to buy the business as it already owns the license for Tom Ford Beauty. Tom Ford, the company, currently...

2 Aug 2022