![]() ![]() As of 2020, Tom Ford was the major shareholder of Tom Ford International, holding 63.75% of the shares. Īs of 2017, Tom Ford Beauty, owned by Estée Lauder, estimated $1 billion in sales. In November 2017, it opened its first beauty store in London. ![]() In November 2015, the house opened its Miami flagship boutique in that city's Design District. The event featured celebrity models such as Beyoncé, Julianne Moore, Lauren Hutton, Daphne Guinness, and Rita Wilson. In September 2010, Ford debuted his label's women's ready-to-wear collection at his Madison Avenue store. In April 2007, the first directly owned Tom Ford flagship boutique opened at 845 Madison Avenue in New York City. was launched in October 2006, initially only offering descriptions of the brand's products and later on hosting an online store. In 2005, he launched the Tom Ford Estée Lauder Collection of cosmetics. In the same year, Ford announced his partnership with Marcolin Group to produce and distribute optical frames and sunglasses. The Tom Ford retail brand concept, described as the first true luxury brand of the 21st century, began in 2004 as a venture between Ford and his business partner Domenico de Sole with the launch of a cosmetics line. Tom Ford departed his position as creative director at Gucci in 2004 and founded his own eponymous label in April 2005. History Tom Ford, the brand's founder and former creative director 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. Its product line features ready-to-wear and made-to-measure offerings, as well as footwear, accessories, and handbags. Tom Ford SA (stylized as TOM FORD) is a luxury fashion house founded by designer Tom Ford in 2005. ![]()
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