7 Nov 2022

Kering is reportedly in the advanced stages of talks to acquire the Tom Ford brand, overtaking other offers, writes ILM.

 


Other reports indicate that Estée Lauder has also been in talks to buy out the brand for a deal valued at US$3 billion, focusing on its beauty business.


The bulk of Tom Ford’s sales are reported to come from its licensing business, including beauty, fragrance and eyewear, with 20% accounting for men’s and women’s ready-to-wear items.


Neither Kering or Tom Ford have commented on the potential acquisition, but Kering is expected to focus on developing the womenswear and accessories businesses.

About APLF

We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.

 

We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.

 

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