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31 Dec

The Estée Lauder Cos. to Acquire Tom Ford – WWD

The Estée Lauder Cos. to Acquire Tom Ford – WWD
It’s official: The Estée Lauder Cos. is the brand new owner of Tom Ford, marking the beauty giant’s first enterprise into the style world and its biggest deal ever. Paying $2.3 billion to amass the posh fashion, beauty and eyewear brand, Lauder outbid rival Kering, which was reported earlier this month to be a front-runner for the corporate. Ermenegildo Zegna Group and Marcolin SpA will enter long-term license agreements for Tom Ford fashion and Tom Ford eyewear, respectively. Marcolin has been the eyewear licensee since 2005, while Zegna has had the license for Tom Ford menswear since around 2006. Now, it is going to be answerable for all of Tom Ford’s fashion business. The deal values the entire enterprise of Tom Ford at $2.8 billion....
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28 Sep

Shiseido Signs to Acquire Gallinée – WWD

Shiseido Signs to Acquire Gallinée – WWD
PARIS – Shiseido Europe said it has agreed to amass Gallinée Ltd., the microbiome skincare brand based in London. Financial terms of the deal weren't disclosed. Skincare focused on the skin’s microbiome has been a rapidly growing category in the wonder industry, as wellness becomes a vital priority for consumers. The skin microbiome plays a key role in skin and overall health by protecting the body from the surface world. “The acquisition of Gallinée exemplifies Shiseido’s commitment to the skin beauty category, helping us realize our mission to integrate skin beauty and inner beauty, as we proceed to position ourselves to ‘Be a Global Winner with Our Heritage,’” said Shiseido in a press release released Wednesday. Shiseido Europe is a subsidiary of Shiseido Co....
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