Estee Lauder bought fashion house Tom Ford
Cosmetics maker Estee Lauder bought fashion house Tom Ford for $2.8 billion
American cosmetics and perfume maker Estee Lauder has announced a deal to acquire fashion house Tom Ford after four months of negotiations. Posted a related message on the site companies
The company bought a brand for $2.8 billion. For Estee Lauder, the deal was the largest in the company’s history. In August 2022, information about the negotiations between the two companies came to light.
Several foreign brands of cosmetics and perfumes will return to the Russian market after the Ministry of Industry and Trade included them in the exceptions to parallel imports, it was previously reported. Products from foreign brands such as Lancôme, Redken, Yves Saint Laurent, Giorgio Armani and Kérastase are expected to be available in Russia again.
*The article has been translated based on the content of lenta.ru/. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
For all the latest news click here
Denial of responsibility! WHICHLEDLIGHT.COM is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at firstname.lastname@example.org The content will be deleted within 24 hours.