December 4, 2022

Tom Ford, dressmaker prepares for a profitable exit

Tom Ford fashion designer prepares for a lucrative exit

Tom Ford fashion designer prepares for a lucrative exit

In 2016, Tom Ford advised the Monetary Instances he was “decided” to show his eponymous magnificence, eyewear and style firm right into a $3bn enterprise by 2025.

He didn’t fairly make the mark, however he received shut. On Tuesday, Estée Lauder Firms introduced that it had acquired the Tom Ford model in a deal that values it at $2.8bn. The sale is poised to make a billionaire of 61-year-old Ford, who made his title remodeling a close to bankrupt Gucci right into a style powerhouse earlier than launching his…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *