Tom Ford Needs Money For His Womenwear Line

Tom Ford expanding into womenswear rumor begin in February 2009. The amount Tom Ford needs is said to be $50 million or higher, according to a report from two unnamed sources by private equity site peHUB. The search  for investors began two weeks ago. The original rumor from February had Alessandra Facchinetti, who was top womenswear designer under Ford at Gucci, heading up the new line for Ford but so far nothing. Press representatives for Tom Ford have not responded to requests for comment. -peHUB