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☆ Estée Lauder to Buy Tom Ford in $2.8 Billion Deal
▼ + stars: | 2022-11-16 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder plans to fund its acquisition of Tom Ford through a combination of cash, debt and $300 million in deferred payments. Estée Lauder Cos. will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever acquisition, executives said Tuesday. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Estée Lauder Companies is buying Tom Ford in a deal worth $2.8 billion
▼ + stars: | 2022-11-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

In a landmark deal announced Tuesday, Estée Lauder Companies (EL) said it was acquiring its longtime partner Tom Ford. The deal will allow two of Tom Ford’s current partners, Ermenegildo Zegna and Marcolin, to extend their existing licensing agreements, the companies said. Marcolin will continue making sunglasses and optical frames with the Tom Ford brand. Tom Ford and Estée Lauder have been partners for more than 15 years, launching the Tom Ford Beauty brand together in 2006. Estée Lauder Companies, which is home to other global beauty brands such as Clinique and Bobbi Brown, said Tuesday that it expected annual sales of Tom Ford’s cosmetics line to reach $1 billion “over the next couple of years.”“As an owned brand, this strategic acquisition will unlock new opportunities and fortify our growth plans for Tom Ford Beauty,” Estée Lauder Companies President and CEO Fabrizio Freda said in a statement.

☆ Inside the world of designer Tom Ford, set to become a billionaire in $2.8 billion Estée Lauder buyout
▼ + stars: | 2022-11-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

Estée Lauder and Tom Ford have inked the luxury industry's biggest deal of 2022 in a $2.8 billion buyout of the American designer's eponymous brand. "I could not be happier with this acquisition as The Estée Lauder Companies is the ideal home for the brand, " Ford said when the deal was announced this week. Tom Ford attends the 2018 Hammer Museum Gala In The Garden in Los Angeles, California. Michael Tran/FilmMagic

☆ 3 takeaways from our daily meeting: Mixed economic picture, sticking with energy, EL deal official
▼ + stars: | 2022-11-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Here's a recap of Wednesday's key moments: 'Mixed picture' for stocks Energy still good EL's Tom Ford deal 1. 'Mixed picture' for stocks Markets edged lower Wednesday, with the S & P 500 down 0.54% and the tech-heavy Nasdaq Composite down 1.25% in midday trading. The moves come as Wall Street tries to make sense of a "mixed picture" for the economy, Jim Cramer said. "The mixed picture, I think, skews to the downside because of Target's really very negative message," Jim said. Patient on energy Energy was among the worst-performing sectors in the S & P 500 Wednesday, behind only consumer discretionary — which includes Target — and information technology.

☆ What Cramer is watching Wednesday — retail sales strong, Lowe's delivers, Estee Lauder love
▼ + stars: | 2022-11-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Revenue: $26.52 billion versus $26.38 billion expected. Revenue: $23.48 billion versus $23.13 billion expected. Oppenheimer raises Club holding Estee Lauder (EL) price target to $245 per share $230. Bofa also likes the deal and thinks it will give Estee Lauder $800 million to $1 billion in sales. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Nov 15 (Reuters) - Estee Lauder Cos Inc (EL.N) said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner's portfolio. While Estee Lauder already sells Tom Ford beauty products and fragrances, the deal has raised some eyebrows on Wall Street. (https://reut.rs/3tqhWrK)As of Tuesday's close, Estee's stock fell 17% since the deal talks with Tom Ford were reported by the media in August. Tom Ford had entered into exclusive negotiations with Estee Lauder last week, beating competing bids from companies including Gucci owner Kering SA (PRTP.PA), the Financial Times reported on Friday. Chief Executive Officer Tom Ford will continue to serve as the brand's creative visionary.

☆ Estee Lauder to buy Tom Ford in $2.8 billion deal
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

Nov 15 (Reuters) - Estee Lauder Cos Inc (EL.N) said on Tuesday it clinched a deal to buy U.S. fashion label Tom Ford for $2.8 billion in what would be its biggest acquisition. Shares of Estee Lauder, which already licenses Tom Ford fragrances and cosmetics, fell marginally in extended trading. Tom Ford entered into exclusive negotiations with Estee Lauder last week, beating competing bids from a number of other companies including Gucci owner Kering SA (PRTP.PA), the Financial Times reported on Friday. Reporting by Manya Saini and Granth Vanaik in Bengaluru; Editing by Shailesh Kuber and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ 3 takeaways from our daily meeting: Investor discipline, EL acquisition, TJX earnings
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investor discipline EL to acquire Tom Ford TJX earnings ahead 1. EL to acquire Tom Ford The Wall Street Journal reported on Monday that cosmetics giant Estee Lauder (EL) is nearing a deal to purchase luxury fashion house Tom Ford for roughly $2.8 billion. We like Tom Ford as a prestige apparel brand, though that's not in Estee Lauder's wheelhouse of skincare and makeup. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Stocks making the biggest moves in the premarket: Walmart, Vodafone, Getty Images and more
▼ + stars: | 2022-11-15 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Take a look at some of the biggest movers in the premarket:Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Vodafone (VOD) – Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment. Getty Images (GETY) – Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus. Energizer Holdings (ENR) – The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results. Tencent Music (TME) – Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue.

☆ What the Club is watching Tuesday — more cooler inflation, Dow stock earnings, price target hikes
▼ + stars: | 2022-11-15 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Truist raises price target on Eli Lilly (LLY) to $421 per share from $400. Club holding Procter & Gamble (PG) price target cut to $130 per share from $140 at Credit Suisse. Mizuho cuts price target on Club holding Salesforce (CRM) to $225 per share from $235. Amazon initiated with an outperform (buy) rating at MoffettNathanson, with a price target of $118 per share. Bank of America double upgrades Netflix (NFLX) to a buy rating from a sell, with a price target of $370 per share.

☆ Estée Lauder Nears Deal to Buy Tom Ford, Edging Out Kering
▼ + stars: | 2022-11-14 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder warded off competition from Kering in its pursuit of the deal. Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to people familiar with the matter. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Estée Lauder Nears Deal to Buy Tom Ford, Edging Out Kering SA
▼ + stars: | 2022-11-14 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder warded off competition from Kering SA in its pursuit of the deal. Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to people familiar with the matter. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Estee Lauder nears $2.8 billion deal to buy Tom Ford - FT
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +1 min

The luxury brand, founded by fashion designer Tom Ford, entered into exclusive negotiations with Estee Lauder this week and a deal could be announced as early as Monday, the FT reported. Estee Lauder and Tom Ford did not immediately respond to Reuters requests for comment. Earlier in August, the Wall Street Journal reported that Estee was in talks to acquire the luxury brand in what could be a $3 billion deal. The Journal later reported that French luxury group Kering(PRTP.PA) was also in advanced discussions to buy the fashion brand, competing with Estee. Tom Ford is known for its menswear, but also counts women's apparel, handbags, cosmetics and perfumes as part of its product line.

☆ European shares rise as China reopening hopes lift luxury, mining stocks
▼ + stars: | 2022-11-04 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +3 min

The STOXX 600 (.STOXX) rose 1.1% by 0932 GMT. The European basic resources index (.SXPP) surged 4.6% to a seven-week high and was set for its biggest weekly gain in more than three months. Luxury giants including LVMH (LVMH.PA), Kering (PRTP.PA), Pernod Ricard (PERP.PA) and Hermes International (HRMS.PA) climbed between 2.5% and 3.5%. Among other stocks, manufacturer Andritz (ANDR.VI) surged 9.2% to the top of the STOXX 600, as its quarterly sales and profit rose significantly. Reporting by Shreyashi Sanyal in Bengaluru; Editing by Subhranshu Sahu and Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

☆ Kering shares up on report company seeks to buy Tom Ford
▼ + stars: | 2022-11-04 | by ( Mimosa Spencer | ) www.reuters.com time to read: +3 min

PARIS, Nov 4 (Reuters) - Shares in Gucci-owner Kering (PRTP.PA) rose in early Friday trading following a report the French luxury goods company is in advanced talks to buy U.S.-based fashion label Tom Ford. Shares were up 2.4% in morning trade, after the Wall Street Journal on Thursday reported the company was the front runner for a deal, with rivals including Estee Lauder (EL.N). "The logic is compelling," said Piral Dadhania of RBC, of such a deal, citing Tom Ford's past as creative director of Kering labels Gucci and Yves Saint Laurent in the nineties and into the early 2000s, as well as the label's high positioning. Kering, which has been bulking up its eyewear division, recently purchasing U.S. label Maui Jim, has also signalled interest in expanding into beauty. With few financial details available on Tom Ford's label, some analysts were cautious.

☆ Tom Ford return offers remedy for Gucci fatigue
▼ + stars: | 2022-11-04 | by ( Lisa Jucca | ) www.reuters.com time to read: +3 min

MILAN, Nov 4 (Reuters Breakingviews) - Tom Ford’s return to the realm of Gucci owner Kering (PRTP.PA) would add some much-needed sparkle. Bringing Tom Ford himself on board could even help revitalise it. Tom Ford offers diversification at a reasonable valuation. Sales of Tom Ford Beauty’s cosmetics and fragrances grew at a double digit rate in the third quarter, according to Vogue Business. In August, the Wall Street Journal reported that beauty giant Estée Lauder was looking to buy Tom Ford for $3 billion.

☆ Gucci Owner Kering in Advanced Talks to Acquire Tom Ford, Sources Say
▼ + stars: | 2022-11-03 | by ( Lauren Thomas | Dana Cimilluca | ) www.wsj.com time to read: 1 min

Fashion from the Tom Ford collection was modeled during Fashion Week in New York. French luxury giant Kering SA is in advanced discussions to buy fashion brand Tom Ford, according to people familiar with the matter. Kering has been competing for closely held Tom Ford with rivals including Estée Lauder Cos., but the French company appears to be the front-runner now and a deal could be reached soon, according to the people.

LAST SEPTEMBER Adi Sigler, 28, wore track pants to a business meeting for the first time. Ms. Sigler felt uneasy—were her pants too laid-back for work? Her office wardrobe now includes a pile of track pants, which she often pairs with Isabel Marant tops and a black Lady Dior bag. Track pants, a gym staple roughly defined as loose athletic pants, have new legs thanks to a one-two punch of runway dominance at labels like Gucci and Max Mara and the rise of postpandemic “bleisure” (a sloshy portmanteau for “business leisure”) that embraces soft fabrics and slouchy silhouettes. Track pants sate the appetite for easy clothes that are still style-forward.

☆ Все, что известно о свадебном образе Арианы Гранде
▼ + stars: | 2021-05-28 | by ( Mld Media Srl | ) noi.md time to read: +2 min

В середине мая певица и обладательница премии "Грэмми" Ариана Гранде тайно вышла замуж за агента по элитной недвижимости Далтона Гомеса. Сейчас же появились первые свадебные фотографии и более подробная информация о подвенечном платье Арианы, дизайн которого певица доверила легендарной Вере Вонг. Элегантное платье с глубоким вырезом на спине подчеркнуло хрупкую и стройную фигуру Гранде. Свадебный наряд был дополнен нежной вуалью длиной до плеч с акцентом на атласном банте, который был расположен на ее фирменном высоком хвосте. В целом свадебный образ, доведенный до совершенства стилистом Мими Каттрелл, напоминал наряд, который так знаменито носила Одри Хепберн в фильме «Забавная мордашка».

Persons: Lorraine Schwartz, Tom Ford, Ариана Гранде, Далтон Гомес, Ариана, Вера Вонг, Вера, Гранде, Мими Каттрелл, Одри Хепберн, Джош Лю, Эш К. Холм, Джоан Гранде, Эд Бутера Locations: Монтесито, Калифорния

Ariana a purtat o rochie creată de designerul Vera Wang (71 de ani). Solista și Vera au mai lucrat împreună în 2018, la ținuta cântăreței pentru Gala Met. Ariana a optat și pentru o pereche de cercei cu o semnificație puternică. Cântăreața a purtat un cercel invers, pentru a marca momentele „întoarse pe dos” din viața ei. Logodnicul solistei, Dalton, a optat pentru un costum negru și o cămașă albă, ambele creații Tom Ford.

Persons: Ariana, Vera Wang, . Solista, Vera, Met, Lorraine Schwartz, Dalton, Tom Ford Locations: California

☆ produse cosmetice inovatoare și parfumerie de lux
▼ + stars: | 2020-11-17 | by ( Onixmedia Srl | ) diez.md time to read: +3 min

Unul din cele mai mari magazine online de produse cosmetice și parfumerie este MakeUp, care își are sediul și oficiul central în Polonia. Acesta este popular în cele mai mari țări din Europa: Germania, Italia, România, Bulgaria, Austria, Ungaria, Cehia, precum și în Ucraina și Rusia, iar de curând și-a extins activitatea și în Republica Moldova. Magazinul dispune de peste 79 000 produse a celor mai renumite branduri din lume, care cu siguranță vor satisface cerințele chiar și celor mai exigente persoane. ); produse de îngrijire a corpului (geluri de duș, creme de față, creme și loțiuni de corp); produse de îngrijire a părului (șampoane, balsamuri, măști, uleiuri); parfumerie de lux (apă de parfum, apă de toaletă, apă de colonie), precum și accesorii (pieptene, agrafe, bentițe, pensule pentru machiaj, etc). Nu ezita nici o clipă să accesezi site-ul MakeUp, pentru că aici cu siguranță vei găsi cele mai inovatoare produse cosmetice și parfumerie de lux.

Persons: Christian Dior, Giorgio Armani, Saint Laurent, Ingrid, NYX, Tom Ford, MakeUp Organizations: Dolce Locations: Polonia, Europa, Germania, Italia, România, Bulgaria, Austria, Ungaria, Cehia, Ucraina, Rusia, Republica Moldova, Dolce &, Syoss, Kerastase, Paris, Schwarzkopf, Republicii Moldova, transnistrene

☆ Victoria Cocieru: „Intuiția îmi spune că în Washington nu va fi mai greu decât în Moldova să încep totul de la zero”
▼ + stars: | 2015-09-21 | by ( Onixmedia Srl | ) diez.md time to read: +3 min

Victoria Cocieru: „Intuiția îmi spune că în Washington nu va fi mai greu decât în Moldova să încep totul de la zero”Victoria Cocieru, tânăr designer vestimentar, a plecat de curând în Statele Unite ale Americii pentru a-și realiza visurile, iar brandul Khéops, fondat de ea în 2012 în Republica Moldova, are un viitor promițător acolo. Victoria dintotdeauna a știut că o să locuiască pe alt tărâm decât Republica Moldova. A fost îndemnată să meargă anume în State, pentru a fi înconjurată de frumos. Ea a fost nevoită să-și închidă afacerea în Moldova. Când a aterizat pe continentul american a fost extrem de fericită și entuziasmată să înceapă o nouă experiență în domeniul care o reprezintă.

Persons: Victoria, Dan, Victoriei, Green, Victoria . Ea, Tom Ford, Zuhair Murad, David Koma, Ciara, Beyoncé, Veronica Locations: Washington, Moldova, Statele Unite ale Americii, Republica Moldova, SUA, State, Chișinău, american, Seattle, Victoria, Americii

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