On November 15, following the Tom Ford brand's acquisition by Estée Lauder for $2.8 billion, the Italian clothing manufacturer Zegna Group announced a strategic collaboration. Through a 20-year authorization agreement, extendable for an additional 10 years under certain conditions, Zegna will gain operational rights for nearly all fashion categories, including menswear, womenswear, accessories, lingerie, jewelry, children's clothing, fabrics, and home products under the Tom Ford brand.
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