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According to a recent Bloomberg report, Tom Ford is considering a sale of his eponymous fashion brand. The brand is in talks with Goldman Sachs for the sale of the famous brand that could value the brand at several billion dollars and would give the new owners to option to work with Tom Ford.
As reported in fashionnetwork.com, no decision has been made at this point and Tom Ford nor Goldman Sachs have commented on the Bloomberg report. Still, many fashion insiders believe that Tom Ford could choose to remain an independent brand.
Ford launched his eponymous brand in 2005 after servings as creative director of Gucci. The Tom Ford brand expanded to include beauty and eyewear, made in licensed partnership with Estee Lauder Companies and Marcolin, respectively.
The past three years, Tom Ford recently served as the chairman of the Council of Fashion Designers of America (CFDA). Ford stepped down from that position in May of this year.
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Kate Hudson expands her reach
Actress Kate Hudson is no stranger to fashion. She has made significant inroads with her popular athleisure brand Fabletics.
Now Hudson has branched off into the beauty industry with her collaboration beauty brand, Juice Beauty. Juice Beauty is concentrating on the beauty boom in India, choosing to launch its latest collaboration with Kate Hudson on July 5. Juice Beauty first launched in India in 2021.
“Kate embodies the Juice Beauty mission of fitness, wellness and environmentalism and I have revered her spirit, talent and business acumen since we first met,” said Juice Beauty founder Karen Behnke, in a press release. “We got together just before the pandemic and decided it was finally time to kick off a partnership. Coming out of [COVID], we wanted to introduce a very personal, customizable ritual with an emphasis on self-care. Kate is wonderfully ingenious, and she was involved in every step of designing the mask, from the ingredient choices to the sensorial texture to the design of the packaging. She even designed the heart to coordinate with our logo drop!”
“We are overjoyed to launch Juice Beauty’s newest addition to its truly sustainable and [high-performance] product portfolio, the Revitalizing Acacia + Rose Powder Mask,” said House of Beauty’s vice-president Sanjali Giri in a press release. “It a product developed in cooperation with Kate Hudson, a huge supporter of clean and green beauty. We are delighted to finally bring this product to the conscious and responsible beauty consumers in India soon after its remarkable global launch.”
“I feel a genuine connection to Juice Beauty and Karen,” said Hudson, as reported in fashionnetwork.com. “In fact, she was the one who opened my eyes to clean and green beauty over 15 years ago before it was a thing … It’s exciting to finally be able to create this product together—and it’s not just another mask. It’s exceptional and you can really see the results instantly!”
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Skinny Moss takes command
Supermodel Kate Moss once said, “Nothing tastes has good as skinny feels.” Well, Moss is bringing that quote into fruition by becoming the latest creative director of Diet Coke.
Moss will work across multiple platforms for the Coco Cola brand including a collection, advertising campaign films and events around the brand’s 40th anniversary. Moss stated that she was “thrilled to join the Diet Coke family”, adding: “I love the past collaborations they’ve done with such incredible names in fashion.”
Michael Willeke, the integrated experience director for Europe at the Coca-Cola company, said the company was “[honored] to appoint Kate Moss as our new creative director, continuing Diet Coke’s rich history of collaborating with some of the biggest names in fashion and culture.” And those fashion names include Marc Jacobs, Karl Lagerfeld, and Jean-Paul Gaultier. Diet Coke has also been a sponsor of London Fashion Week.
—William S. Gooch
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