Tom Ford to launch womenswear
Tom Ford International is seeking funding to expand into womenswear.
The eponymous luxury label from the ex-Gucci creative director is looking for an investment of $50m (£30.5m) or more in a process managed by Credit Suisse, according to Reuters’ private equity website peHUB.
Tom Ford International currently sells menswear and men’s and women’s eyewear and fragrances through four standalone stores and several wholesale sites.
Ford launched his company in 2004 after leaving Gucci, where he had been widely credited with turning around the Italian luxury brand. Ford was also creative director at Yves Saint-Laurent after Gucci’s parent company PPR acquired the brand.