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Estée Lauder to Buy Tom Ford in $2.8 Billion Deal

The beauty conglomerate is expected to tap multiple partners to handle the fashion and accessories side of the business, according to a source.
Estée Lauder is nearing a deal to acquire Tom Ford.
Estée Lauder is nearing a deal to acquire Tom Ford. (Shutterstock)

New York-based Estée Lauder Cos. has agreed to buy Tom Ford for $2.8 billion, according to a source close to the beauty conglomerate.

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Further Reading

The Business of Being Tom Ford: A Return to Womenswear and The Future

In Part 2 of a special interview to accompany the launch of the BoF 500, Imran Amed sits down with the one and only Tom Ford to understand how he built his own brand — projected to soon turn over $1 billion a year at retail — and the lessons he has learned along the way.

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