Estée Lauder Acquires Tom Ford Luxury Fashion Brand in $2.8 Billion Deal
/ Anne EnkeIn truly splendid news, Tom Ford has sold his brand to The Estée Lauder Companies Inc. for $2.8 billion. The sale takes one of the world’s biggest beauty companies into the world of luxury fashion.
In this moment when American voters have beaten back — but claim no victory over — the winds of Republican-party authoritarianism and Christian nationalism, we are joyous to celebrate the business marriage of a working class daughter born Josephine Ester Mentzer to Hungarian Jewish immigrants in Queens, New York in 1908 and Thomas Carlyle Ford born August 27, 1961 in Austin, Texas to realtors Shirley Burton and Thomas David Ford.
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