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Tom Ford names Plastic Innovation Prize winners

Material science competition the Tom Ford Plastic Innovation Prize, created by the fashion designer in partnership with Lonely Whale, has named three winners who will receive investment from its 1.2 million US dollar prize purse to help scale their marine-safe and biologically degradable alternatives to traditional thin-film plastic made from...

20 Mar 2023

Fashion

Will Gucci's interim collections soon be forgotten?

At the womenswear presentations during Milan Fashion Week, Gucci last week presented its second collection without a creative lead. The fall men’s and womenswear collections, designed by the brand’s in-house studio team, received ample coverage, as Gucci remains an important advertiser to most fashion publications. Yet the reviews skewed to the...

27 Feb 2023

People |Opinion Featured

When Tom Ford exits his label, a challenge lies ahead for Estée Lauder

There was no fine print suggesting Tom Ford may exit his brand after the 2.8 billion dollar deal with Estée Lauder is completed. It was clear as day, in dried ink, that Mr Ford “will continue to serve as the brand’s creative visionary after closing and through the end of calendar 2023.” That would make Mr Ford free to pursue other avenues in...

20 Nov 2022

BusinessFeatured

Estée Lauder to buy Tom Ford brand for 2.3 billion dollars

The Estée Lauder Companies Inc.(ELC) has signed an agreement to acquire the Tom Ford brand. The company said in a release that the deal values the total enterprise at 2.8 billion dollars and the amount to be paid by ELC for the acquisition is approximately 2.3 billion dollars. Commenting on the development, Fabrizio Freda, president and chief...

16 Nov 2022

Business

Kering reportedly in talks to acquire Tom Ford

In August talks of Estee Lauder acquiring fashion brand Tom Ford circulated in what was widely reported to be a potential 3 billion dollar deal. Another party has quietly come into the discussion, namely Kering, who according to the Wall Street Journal is now a “front-runner” to an agreement. While neither Kering nor Tom Ford have publicly...

4 Nov 2022

PeopleFeatured

Thom Browne elected chairman of the CFDA

The Council of Fashion Designers of America (CFDA) have unanimously elected Thom Browne as its next chairman for a two-year term. Browne will take up his new role on January 1, 2023, succeeding Tom Ford, who completed his term at the end of May. CFDA chief executive officer Steven Kolb will continue to serve as interim chair until the end of the...

11 Oct 2022

Business

Estee Lauder in talks to buy Tom Ford in 3 billion dollar deal

Rumours that Tom Ford is looking to sell his namesake brand surfaced in July when Bloomberg said the fashion and beauty business had appointed Goldman Sachs to find a buyer. Speculation is rife that Estée Lauder may be the main contender to buy the business as it already owns the license for Tom Ford Beauty. Tom Ford, the company, currently...

2 Aug 2022

Fashion Featured

CFDA unveils New York Fashion Week schedule

The Council of Fashion Designers of America (CFDA) have unveiled the preliminary schedule for New York fashion week in September. The spring / summer 2023 presenations will be held from 9 to 14 September with Proenze Schouler showing on the inaugural day and Tom Ford closing the week. The schedule features over 110 confirmed designers, including...

29 Jul 2022

Business

Is Tom Ford eyeing a potential sale?

Tom Ford is reportedly looking for a buyer. The brand could soon be under new ownership, according to a report by Bloomberg, which said the luxury house is contemplating a potential sale. The news agency said the brand has enlisted Goldman Sachs Group to consult on the sale, which could value the business billions of dollars. Mr Ford set up his...

8 Jul 2022

People

Tom Ford steps down from role as CFDA chairman

The Council of Fashion Designers of America (CFDA) has announced that Tom Ford will be stepping down from his place as chairman of the organisation on May 31. Ford has served as chairman of the CFDA since June 2019. The organisation’s CEO Steven Kolb will take over the role of interim chair throughout the rest of the year. In January, the...

17 May 2022

Fashion

Green Carpet Fashion Awards honours Tom Ford for work in sustainable innovation

The Green Carpet Fashion Awards (GCFA), presented by the Council of Fashion Designers of America (CFDA), took place during an intimate dinner at which it honoured those in the fashion and entertainment industries who are using their platforms to promote sustainable transformation. The event was hosted by humanitarian and environmental campaigner...

29 Mar 2022

Fashion

Tom Ford to debut fall 2022 collection digitally

Tom Ford will debut his fall/winter 2022 collection digitally on the Council of Fashion Designers of America’s Runway360 platform and tomford.com this week on March at 9 am EST. The collection launch coincides with Paris Fashion Week, which begins today and runs through March 8. Tom Ford was originally supposed to be the closing show at New York...

28 Feb 2022