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Estee Lauder Is Potential Suitor For Tom Ford

Estée Lauder is in talks to buy luxury fashion brand Tom Ford, people familiar with the matter told The Wall Street Journal. In what could be a $3 billion or more deal, it would be the cosmetics giant’s largest-ever acquisition. Estée Lauder, which has a market value of nearly $100 billion, isn’t the only suitor, per a source. Tom Ford is best-known for its menswear, though it also sells womenswear and accessories as well as a high-end line of cosmetics and fragrances.

Read the whole story at The Wall Street Journal »

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