---
schema_version: "secwatch.filing_event.v1"
accession: "0001001250-22-000199"
form_type: "8-K"
ticker: "EL"
cik: "0001001250"
company_name: "ESTEE LAUDER COMPANIES INC"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T17:58:06.211799+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder to acquire TOM FORD brand for $2.3B net; deal includes Zegna and Marcolin licenses

## Summary
- Total enterprise value $2.8B; ELC pays ~$2.3B net of $250M from Marcolin at closing.
- Tom Ford remains creative visionary through end of 2023; Zegna gets long-term fashion license, Marcolin extends eyewear license.
- Deal dilutive to fiscal 2023 adj. EPS by ($0.05)-($0.15); roughly neutral in fiscal 2024.
- TOM FORD BEAUTY net sales grew ~25% in fiscal 2022; expected to reach $1B annual sales in next few years.
- Deal expected to close in first half of calendar 2023, subject to regulatory approvals.

## SEC filing metadata
- accession: 0001001250-22-000199
- form_type: 8-K
- ticker: EL
- cik: 0001001250
- company_name: ESTEE LAUDER COMPANIES INC
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001250/000100125022000199/0001001250-22-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001250/000100125022000199/el-20221115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001001250-22-000199
- JSON: https://secwatch.observer/filing/0001001250-22-000199.json
- Plain text: https://secwatch.observer/filing/0001001250-22-000199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.