07.13.22
According to a report published by Bloomberg citing “sources familiar with the matter,” American designer Tom Ford is working with investment bank Goldman Sachs on a valuation of his namesake company, which encapsulates beauty, fragrance, apparel, eyewear, and accessories.
The potential sale could put the brand’s value at “several billion dollars,” and may include the right to work with Tom Ford post-acquisition. It is unclear whether the brand would remain independent or if Ford would remain involved after the purchase.
Both Tom Ford and Goldman Sachs declined to comment when contacted by Bloomberg.
The potential sale could put the brand’s value at “several billion dollars,” and may include the right to work with Tom Ford post-acquisition. It is unclear whether the brand would remain independent or if Ford would remain involved after the purchase.
Both Tom Ford and Goldman Sachs declined to comment when contacted by Bloomberg.
