ICYMI: Tom Ford’s return to the realm of Gucci owner Kering would add some much-needed sparkle, writes LJucca
Tom Ford offers diversification at a reasonable valuation. A $3 billion price tag, which beauty giant Estée Lauder
Using Kering’s vast retail network would also help Tom Ford scale up quickly. Sales of Tom Ford Beauty’s cosmetics and fragrances grew at a double digit rate in the third quarter,to Vogue Business. But the U.S. brand’s ready to wear line is constrained by its limited retail presence, luxury insiders say. That could change if it joins the giant French conglomerate.
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