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'''Tom Ford SA''' (stylized as '''TOM FORD''') is an American [[luxury goods|luxury]] [[fashion house]] founded by namesake designer [[Tom Ford]] in 2005. Its product line features ready-to-wear and [[made-to-measure]] offerings, as well as footwear, accessories, handbags, cosmetics and fragrances.[{{Cite web|url=https://www.vogue.co.uk/article/tom-ford-biography|title=Tom Ford|last=Taylor|first=Molly|website=[[British Vogue]]|date=April 22, 2008|access-date=February 19, 2021}}] |
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'''Tom Ford SA''' (stylized as '''TOM FORD''') is an American [[luxury goods|luxury]] [[fashion house]] founded by namesake designer [[Tom Ford]] in 2005. Its product line features ready-to-wear and [[made-to-measure]] offerings, as well as footwear, accessories, handbags, cosmetics and fragrances.[{{Cite web|url=https://www.vogue.co.uk/article/tom-ford-biography|title=Tom Ford|last=Taylor|first=Molly|website=[[British Vogue]]|date=April 22, 2008|access-date=February 19, 2021}}] |
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The company was owned by Tom Ford until 2023 when he completed its sale. The Tom Ford brand is now owned by [[The Estée Lauder Companies]] while the fashion business is owned by the [[Ermenegildo Zegna Group]] through Tom Ford International. |
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The company was owned by Tom Ford until 2023 when he completed its sale. The Tom Ford brand is now owned by the [[Estée Lauder Companies]] while the fashion business is owned by the [[Ermenegildo Zegna Group]] through Tom Ford International. |
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==History== |
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==History== |
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The creation of the brand is detailed in the 2021 monograph ''Tom Ford 002'', co-authored by Ford and fashion journalist Bridget Foley. The book is published by [[Rizzoli International Publications]]. |
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The creation of the brand is detailed in the 2021 monograph ''Tom Ford 002'', co-authored by Ford and fashion journalist Bridget Foley. The book is published by [[Rizzoli International Publications]]. |
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===Sale to The Estée Lauder Companies=== |
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===Sale to the Estée Lauder Companies=== |
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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.[{{Cite press release |title=The Estée Lauder Companies Completes Acquisition of the Tom Ford Brand |url=https://www.businesswire.com/news/home/20230428005308/en/ |access-date=2023-07-24 |work=Business Wire |language=en-US}}] The sale was first announced in November 2022.[{{cite web |last=O'Kane |first=Caitlin |date=November 17, 2022 |title=Tom Ford just sold his fashion brand to Estée Lauder. That likely makes him a billionaire |url=https://www.cbsnews.com/news/tom-ford-billionaire-sold-to-estee-lauder-for-2-8-billion-fashion-brand-designers-net-worth/ |access-date=April 30, 2023 |website=[[CBS News]]}}] |
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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.[{{Cite press release |title=The Estée Lauder Companies Completes Acquisition of the Tom Ford Brand |url=https://www.businesswire.com/news/home/20230428005308/en/ |access-date=2023-07-24 |work=Business Wire |language=en-US}}] The sale was first announced in November 2022.[{{cite web |last=O'Kane |first=Caitlin |date=November 17, 2022 |title=Tom Ford just sold his fashion brand to Estée Lauder. That likely makes him a billionaire |url=https://www.cbsnews.com/news/tom-ford-billionaire-sold-to-estee-lauder-for-2-8-billion-fashion-brand-designers-net-worth/ |access-date=April 30, 2023 |website=[[CBS News]]}}] |
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As part of the sale, the [[Zegna|Zegna Group]] took full control of Tom Ford International which owns and operates the fashion business. The deal includes a long-term licensing and collaboration agreement for a minimum of 20 years with automatic 10 year renewals subject to certain minimum performance conditions.[{{Cite web |date=2023-04-28 |title=Ermenegildo Zegna Group Completes Acquisition of Tom Ford International and Enters Into a Long-Term License Agreement With The Estée Lauder Companies for TOM FORD FASHION |url=https://www.businesswire.com/news/home/20230428005284/en/Ermenegildo-Zegna-Group-Completes-Acquisition-of-Tom-Ford-International-and-Enters-Into-a-Long-Term-License-Agreement-With-The-Est%C3%A9e-Lauder-Companies-for-TOM-FORD-FASHION |access-date=2023-12-07 |website=www.businesswire.com |language=en}}] |
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As part of the sale, the [[Zegna|Zegna Group]] took full control of Tom Ford International which owns and operates the fashion business. The deal includes a long-term licensing and collaboration agreement for a minimum of 20 years with automatic 10 year renewals subject to certain minimum performance conditions.[{{Cite web |date=2023-04-28 |title=Ermenegildo Zegna Group Completes Acquisition of Tom Ford International and Enters Into a Long-Term License Agreement With The Estée Lauder Companies for TOM FORD FASHION |url=https://www.businesswire.com/news/home/20230428005284/en/Ermenegildo-Zegna-Group-Completes-Acquisition-of-Tom-Ford-International-and-Enters-Into-a-Long-Term-License-Agreement-With-The-Est%C3%A9e-Lauder-Companies-for-TOM-FORD-FASHION |access-date=2023-12-07 |website=www.businesswire.com |language=en}}] |
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=== Black Orchid (2006) === |
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=== Black Orchid (2006) === |
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Black Orchid was the first fragrance sold under the Tom Ford Beauty banner.[{{Cite web|date=2006-10-25|title=Q1 2007 The Estée Lauder Companies Inc. Earnings Conference Call - Final|url=https://www.proquest.com/docview/466903284|url-access=subscription|access-date=2021-09-24|website=Fair Disclosure Wire |id={{ProQuest|466903284}} }}] During his incumbency as Creative Director of [[Yves Saint Laurent (brand)|Yves Saint Laurent]], Ford had developed a rare black orchid as the brand's new in-house flower.[{{Cite news|last=Sherwood|first=James|date=2001-09-11|title=How Gucci became hot property Yesterday, the fashion world witnessed the conclusion to a multibillion- dollar battle for control of Gucci. So what makes the label so desirable? James Sherwood reveals Gucci's not-so-secret weapon|work=[[The Independent]]|url=https://www.proquest.com/docview/311942981|url-access=subscription|access-date=2021-09-24|issn=0951-9467|id={{ProQuest|311942981}} }}] Extract from the flower was used to produce a perfume, body cream and bath soap as part of YSL's Nu line.[{{Cite news|last=Bernadette|first=Morra|date=2001-10-11|title=Toronto was couture disposal site|work=[[Toronto Star]]|url=https://www.proquest.com/docview/438349125|url-access=subscription|access-date=2021-09-24|issn=0319-0781|id={{ProQuest|438349125}} }}][{{Cite news|last=Hybert|first=Jess|date=2001-10-24|title=Retail Therapy|work=[[Birmingham Post]]|url=https://www.proquest.com/docview/323639203|url-access=subscription|access-date=2021-09-24|issn=0963-7915|id={{ProQuest|323639203}} }}][{{Cite news|last=Goldstein|first=Melissa Milrad|date=October 2001|title=Something Nu|volume=155|work=[[Town & Country (magazine)|Town & Country]]|issue=5259|url=https://www.proquest.com/docview/220687225|url-access=subscription|access-date=2021-09-24|issn=0040-9952|id={{ProQuest|220687225}} }}] Previous to launching Black Orchid, Ford had worked with [[The Estée Lauder Companies|Estée Lauder]], signing a deal in April 2005 and releasing Youth Dew Amber Nude, the following fall, and Azure, in spring 2006.[{{Cite news|last=Naughton|first=Julie|date=2006-07-28|title=Ford's Fully Plate: Stores, Films and Building a Beauty Brand|volume=192|work=[[Women's Wear Daily]]|issue=18|url=https://www.proquest.com/docview/231146904|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231146904}} }}] |
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Black Orchid was the first fragrance sold under the Tom Ford Beauty banner.[{{Cite web|date=2006-10-25|title=Q1 2007 The Estée Lauder Companies Inc. Earnings Conference Call - Final|url=https://www.proquest.com/docview/466903284|url-access=subscription|access-date=2021-09-24|website=Fair Disclosure Wire |id={{ProQuest|466903284}} }}] During his incumbency as Creative Director of [[Yves Saint Laurent (brand)|Yves Saint Laurent]], Ford had developed a rare black orchid as the brand's new in-house flower.[{{Cite news|last=Sherwood|first=James|date=2001-09-11|title=How Gucci became hot property Yesterday, the fashion world witnessed the conclusion to a multibillion- dollar battle for control of Gucci. So what makes the label so desirable? James Sherwood reveals Gucci's not-so-secret weapon|work=[[The Independent]]|url=https://www.proquest.com/docview/311942981|url-access=subscription|access-date=2021-09-24|issn=0951-9467|id={{ProQuest|311942981}} }}] Extract from the flower was used to produce a perfume, body cream and bath soap as part of YSL's Nu line.[{{Cite news|last=Bernadette|first=Morra|date=2001-10-11|title=Toronto was couture disposal site|work=[[Toronto Star]]|url=https://www.proquest.com/docview/438349125|url-access=subscription|access-date=2021-09-24|issn=0319-0781|id={{ProQuest|438349125}} }}][{{Cite news|last=Hybert|first=Jess|date=2001-10-24|title=Retail Therapy|work=[[Birmingham Post]]|url=https://www.proquest.com/docview/323639203|url-access=subscription|access-date=2021-09-24|issn=0963-7915|id={{ProQuest|323639203}} }}][{{Cite news|last=Goldstein|first=Melissa Milrad|date=October 2001|title=Something Nu|volume=155|work=[[Town & Country (magazine)|Town & Country]]|issue=5259|url=https://www.proquest.com/docview/220687225|url-access=subscription|access-date=2021-09-24|issn=0040-9952|id={{ProQuest|220687225}} }}] Previous to launching Black Orchid, Ford had worked with [[Estée Lauder Companies|Estée Lauder]], signing a deal in April 2005 and releasing Youth Dew Amber Nude, the following fall, and Azure, in spring 2006.[{{Cite news|last=Naughton|first=Julie|date=2006-07-28|title=Ford's Fully Plate: Stores, Films and Building a Beauty Brand|volume=192|work=[[Women's Wear Daily]]|issue=18|url=https://www.proquest.com/docview/231146904|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231146904}} }}] |
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On 27 February 2006, having already started his brand, Black Orchid, the name for Ford's new fragrance with Estée Lauder Companies was made public.[{{Cite news|date=2006-02-27|title=Ache for Orchids|work=[[New York Post]]|url=https://www.proquest.com/docview/334352683|url-access=subscription|access-date=2021-09-24|issn=1090-3321|id={{ProQuest|334352683}} }}] Described as "a women's fragrance...full of surprises" by ''[[Women's Wear Daily]]'', its launch was planned for the following November, to be "beyond the parameters of a usual fragrance launch."[{{Cite news|last1=Nagel|first1=Andrea|last2=Prior|first2=Molly|last3=Naughton|first3=Julie|last4=McIntyre|first4=Megan|date=2006-06-16|title=What Lies Ahead: form the Surprising Alliance Between Sephora and J.C. Penney to the Heightened State of Activity in the Mass Market Hair Category, the Second Half of the Year is Shaping Up to be Action-Packed and Highly Anticipated. Here, an Insider's Guide to the Season's Most Significant Goings-On|volume=191|work=[[Women's Wear Daily]]|issue=127|url=https://www.proquest.com/docview/231278790|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231278790}} }}] Black Orchid by Tom Ford Beauty, as officially named, and manufactured by Esteé Lauder Companies, was finally released on 15 November.[{{Cite news|last=Edgar|first=Michelle|date=2006-06-30|title=The Fall Frangrance Roundup|volume=191|work=[[Women's Wear Daily]]|issue=139|url=https://www.proquest.com/docview/231214072|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231214072}} }}] On 24 July, Ford held one-on-one meetings with editors from elite fashion publications where he presented the fragrance, which was described as "the anchor of what will become the Ford flotilla of fragrance and cosmetics initiatives."[{{Cite news|date=2006-07-24|title=Fashion Scoops: Tom Weighs Anchor...Trans Europe Express...Paris Encore|volume=192|work=[[Women's Wear Daily]]|issue=14|url=https://www.proquest.com/docview/231139994|url-access=subscription|access-date=2021-09-24|issn=0043-7581 |id={{ProQuest|231139994}} }}] |
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On 27 February 2006, having already started his brand, Black Orchid, the name for Ford's new fragrance with Estée Lauder Companies was made public.[{{Cite news|date=2006-02-27|title=Ache for Orchids|work=[[New York Post]]|url=https://www.proquest.com/docview/334352683|url-access=subscription|access-date=2021-09-24|issn=1090-3321|id={{ProQuest|334352683}} }}] Described as "a women's fragrance...full of surprises" by ''[[Women's Wear Daily]]'', its launch was planned for the following November, to be "beyond the parameters of a usual fragrance launch."[{{Cite news|last1=Nagel|first1=Andrea|last2=Prior|first2=Molly|last3=Naughton|first3=Julie|last4=McIntyre|first4=Megan|date=2006-06-16|title=What Lies Ahead: form the Surprising Alliance Between Sephora and J.C. Penney to the Heightened State of Activity in the Mass Market Hair Category, the Second Half of the Year is Shaping Up to be Action-Packed and Highly Anticipated. Here, an Insider's Guide to the Season's Most Significant Goings-On|volume=191|work=[[Women's Wear Daily]]|issue=127|url=https://www.proquest.com/docview/231278790|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231278790}} }}] Black Orchid by Tom Ford Beauty, as officially named, and manufactured by Esteé Lauder Companies, was finally released on 15 November.[{{Cite news|last=Edgar|first=Michelle|date=2006-06-30|title=The Fall Frangrance Roundup|volume=191|work=[[Women's Wear Daily]]|issue=139|url=https://www.proquest.com/docview/231214072|url-access=subscription|access-date=2021-09-24|issn=0043-7581|id={{ProQuest|231214072}} }}] On 24 July, Ford held one-on-one meetings with editors from elite fashion publications where he presented the fragrance, which was described as "the anchor of what will become the Ford flotilla of fragrance and cosmetics initiatives."[{{Cite news|date=2006-07-24|title=Fashion Scoops: Tom Weighs Anchor...Trans Europe Express...Paris Encore|volume=192|work=[[Women's Wear Daily]]|issue=14|url=https://www.proquest.com/docview/231139994|url-access=subscription|access-date=2021-09-24|issn=0043-7581 |id={{ProQuest|231139994}} }}] |