Acquisition closed
Estée Lauder acquires Tom Ford Fashion (2023)
Estée Lauder completed the acquisition of Tom Ford Fashion on 28 April 2023 for $2.8 billion.[1]
Estée Lauder acquired the Tom Ford brand for about $2.8 billion, its largest acquisition, and immediately licensed the fashion and accessories business to Zegna while keeping beauty for itself. The trademark and the clothes therefore have different companies behind them.
Deal facts
- Announced
- Closed
- Value
- $2.8 billion (enterprise value)
- Buyer
- Estée Lauder
- Seller
- —
- Assets
- Tom Ford Fashion
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Zegna | Tom Ford Fashion | licenses | 100% | 2023-04-28 | present |
Who owns Tom Ford Fashion today?
- Tom Ford Fashion — owned by Zegna since 2023
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] The Estée Lauder Companies Inc. Form 8-K — completion of the TOM FORD acquisition — SEC EDGAR, SEC Form 8-K, published 28 April 2023; retrieved 8 September 2026.
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