The Estee Lauder Companies, Inc.’s acquisition of Tom Ford Beauty gives the beauty giant full control of the global luxury brand after establishing it in a partnership 16 years ago.
ELC values the Tom Ford Beauty enterprise and its trademarks at $2
Estee Lauder’s agreement values Tom Ford Beauty and its trademarks at $2.8bn. Acquisition will “fortify" growth plans for the brand and help to fuel long-term luxury beauty momentum, says CEO Fabrizio Freda.
The Estee Lauder Companies, Inc.’s acquisition of Tom Ford Beauty gives the beauty giant full control of the global luxury brand after establishing it in a partnership 16 years ago.
ELC values the Tom Ford Beauty enterprise and its trademarks at $2