Tom Ford bows out from eponymous brand as it makes new leadership appointments - Indoors Beauty

Tom Ford bows out from eponymous brand as it makes new leadership appointments

Tom Ford bows out from eponymous brand as it makes new leadership appointments

American dressmaker Tom Ford is stepping away from the eponymous brand he co-founded in 2005, following its sale to The Estée Lauder Companies final yr.

Ford’s longtime colleague Peter Hawkings will succeed him as Creative Director, while Guillaume Jesel will develop into President and CEO, taking on from Domenico de Sole, the brand’s different co-founder.

The group will work collectively “to make sure a constant and cohesive picture throughout all merchandise, brand communication and retail”. Tom Ford and Domenico De Sole will proceed to serve as brand advisors via the top of calendar 2023.

Speaking concerning the new leadership appointments, Tom Ford mentioned: “I couldn’t be happier with the acquisition of the Tom Ford brand by The Estée Lauder Companies. The group there was a fantastic companion and Guillaume is an distinctive chief, with not solely a robust enterprise understanding of magnificence, however a fantastic understanding of trend as nicely.”

The announcement comes as The Estée Lauder Companies completes its acquisition of Tom Ford, making it the only real proprietor of the brand and all its mental property. The $2.8 billion deal was beforehand introduced in November final yr.

As a part of the acquisition, Estée Lauder will proceed to handle Tom Ford’s cosmetics and perfume companies, while Italian menswear group Ermenegildo Zegna will function a 30-year licensing deal for trend and equipment. Marcolin will proceed making the brand’ eyewear.

The Estée Lauder Companies has been creating magnificence and perfume for the Tom Ford brand since 2006 when the Texan designer branched out beneath his personal title, having beforehand been Creative Director at Gucci and Yves Saint Laurent.

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