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Agenda-setting intelligence, analysis and advice for the global fashion community.

Why Estée Lauder Bought Tom Ford

The designer’s makeup and fragrance line brought glamour, sex appeal – and sales – to the cosmetics giant. Keeping the magic in house was worth nearly $3 billion.
Tom Ford may step down from his namesake brand by the end of 2023.
Tom Ford may step down from his namesake brand by the end of 2023. (Getty Images)

Tom Ford is the jewel in Estée Lauder’s crown — and it only cost $2.8 billion to keep it there.

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Further Reading

How Tom Ford Built His Beauty Empire

What started with a single fragrance has expanded into cosmetics and, soon, skincare. Estée Lauder sees Tom Ford Beauty becoming its new $1 billion brand.

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