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24 Dec

The Estée Lauder Cos. Acquires Tom Ford – WWD

In November, The Estée Lauder Cos. became the brand new owner of Tom Ford, marking the beauty giant’s first enterprise into the style world and its biggest deal ever. The acquisition also paved the best way for the enduring designer to potentially exit the industry. Paying $2.3 billion to accumulate the posh fashion, beauty and eyewear brand, Lauder outbid rival Kering, which was reported earlier that month to be a front-runner for the corporate. As a part of the deal, Ermenegildo Zegna Group and Marcolin SpA entered into 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’s chargeable for all of Tom Ford’s fashion business, marking...
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6 Nov

BCRF Honors 30 Years of Estée Lauder Cos. Commitment

When Evelyn H. Lauder founded the Breast Cancer Research Fund, her mission was clear: to search out a cure for breast cancer. The progress that has been made within the last 30 years is extraordinary, with BCRF-funded researchers liable for major breakthroughs within the prevention, treatment and cure of the disease. Since BCRF’s inception in 1993, there was a 43 percent decline in deaths as a consequence of breast cancer, and greater than 4 million survivors of the disease. The Estée Lauder Cos.’ Breast Cancer Campaign, which is marking its thirtieth anniversary this yr, has been a significant funder of BCRF, raising greater than $100 million for research. In late October, BCRF honored the company with the Sandra Taub Humanitarian Award at...
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26 Sep

Balmain and Estée Lauder Cos. Sign Beauty License: EXCLUSIVE

PARIS — “I’m obsessive about beauty. It’s almost like an extension of myself,” said Olivier Rousteing, whose office at Balmain is strewn with scented candles and whose bathroom at house is well-stocked with makeup, Tom Ford’s Black Orchid scent and Chanel No.22 perfume.  No wonder he’s so enthusiastic about Balmain’s latest beauty license with the Estée Lauder Cos. Inc.  Rousteing is getting some immersive training at a famous Paris perfumery school, and is plotting an approach to cosmetics that can offer protection and nourishment, as much as color and glamour.  “I feel like everyone’s wearing numerous makeup, but I believe it’s vital to also care for your skin,” he said. “I’m super proud to work with Estée Lauder because its products are of...
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