Estee Lauder is close to a deal to buy Tom Ford

Cosmetics giant Estee Lauder Companies Inc is nearing a deal to buy US luxury fashion brand Tom Ford for about $2.8 billion, including debt, the Financial Times reported on Friday (Nov. 11), citing people familiar with the matter. Tom Ford, founded by the former longtime creative director for Italy’s Gucci, entered into exclusive negotiations with Estée Lauder this week and a deal could be announced


DeA Capital RE establishes its first pan-European fund

DeA Capital Real Estate SGR, part of the DeA Capital Platform – the top Italian independent provider of alternative asset management solutions by AUM with Combined Assets Under Management of roughly €26.7 billion in the Real Estate, Credit, Private Equity and Multi Asset/ Multi Manager Solutions sectors – has launched its first pan-European fund reserved for institutional investors: DeA Capital Real Estate


Layoffs have hit Netflix again


Streaming platform Netflix Inc. fired 300 of its employees on Thursday (June 23) according to a report published by Variety. Last month the company laid off 150 employees and dozens of contractors and part-time workers. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth. We are