Estée Lauder to Acquire TOM FORD in $2.8B Deal
Retail TouchPoints
NOVEMBER 17, 2022
Existing TOM FORD partners Ermenegildo Zegna Group , which produces the brand’s fashion, and Marcolin S.p.A , which manages its eyewear, will enter long-term license agreements with ELC. The designer was credited with reviving the luxury fashion house during his tenure as Creative Director. “[The ELC will pay $2.3
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