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A bidding war with Gucci owner, Kering, may be brewing, with a decision deadline looming.
November 4, 2022
By: TOM BRANNA
Editor
Estée Lauder Cos. is still in the running to acquire fashion house Tom Ford, according to reports. Kering, which already owns Gucci, is said to be in advanced talks for Ford, If ELC were to drive away with Ford, it would mark the beauty giant's entry into fashion. Earlier this year rumors swirled that ELC was interested in the fashion house. Lauder would be a newcomer to haute couture, but the company has had a licensing deal with Ford for years. In fact, earlier this week, ELC noted tha...
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