KERIN IN ADVANCED TALKS TO ACQUIRE TOM FORD.

French luxury conglomerate Kering is in advanced talks to acquire Tom Ford. The tailoring staple is being sought-after by the luxury giant that also owns Gucci, Saint Laurent and Balenciaga. Kering is said to be up against beauty company Estée Lauder for the privately owned luxury menswear and beauty brand. However, Kering appears to be the frontrunner. Should Tom Ford be sold to Kering, it would be a full-circle moment for the founder and designer. Ford worked at Gucci in the 1990s and was a crucial player in the brand’s transformation.