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In 2021, the company acquired Canadian-based Deciem Beauty Group Inc. [16] In 2022, Estée Lauder opened a 300,000 sq ft. distribution center in Galgenen, Switzerland. [17] In November 2022, the company announced it was to acquire the designer fashion house Tom Ford in a deal worth $2.8bn, with Ford remaining as creative director until at least ...
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On April 28, 2023, The Estée Lauder Companies (ELC) announced that it had completed its acquisition of the Tom Ford brand for $2.8 billion. [20] The sale was first announced in November 2022. [21] As part of the sale, the Zegna Group took full control of Tom Ford International which owns and operates the fashion business. The deal includes a ...
In 2022, Marks and Spencer announced their partnership with Benefit Cosmetics which would feature more than 200 products. Benefit Cosmetics products would be available online at M&S.com and in-store at 5 locations in Camberley, Cheshire Oaks, Handforth Dean, Hedge End, and Lisburn.
Sponsored content. Us Weekly receives compensation for this article as well as for purchases made when you click on a link and buy something below. Usually when we’re shopping for a pair of new ...
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