Guess news and archive

Guess goes private as Authentic finalises majority takeover

Authentic Brands Group has finalised its acquisition of a majority stake in Guess, taking the American brand private after a deal with existing shareholders was approved. The 1.4 billion dollar transaction, initially announced in August last year, sees Authentic secure a 51 percent stake in Guess’ intellectual property. The brand’s existing...

Fairs

Menswear: all eyes on exports and Pitti Uomo, starting tomorrow in Florence

All eyes are on Florence this week for the start of the Pitti Uomo menswear trade fair, a pivotal event for the global fashion industry that opens tomorrow. The trade show begins against a backdrop of complex international trade data; as of November 2025, ISTAT (the Italian National Institute of Statistics) estimates a significant 7.4 percent...

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Business

Guess Q3: Revenue up, net earnings positive ahead of delisting

Guess, Inc. reported a strong third-quarter performance for the period ended November 1, 2025, posting higher revenue and a return to profitability even as it moves toward a proposed take-private transaction with Authentic Brands Group. Chief executive officer Carlos Alberini said the company delivered encouraging results, citing 7 percent...

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Fashion

Guess Jeans expands into eyewear

Though still in its infancy, Guess’ Guess Jeans label is already venturing into new territories. The denim-focused brand, launched early last year, is exploring the eyewear market for the first time with the launch of a dedicated collection. Created in partnership with eyewear group Marcolin, the inaugural line is designed to appeal to younger...

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Fashion

Rag & Bone continues expansion with European e-commerce site

Rag & Bone is continuing its global expansion, this time into the digital realm. The US brand has unveiled a new e-commerce website dedicated to the European market, offering direct access to 28 countries. Products available on the site span wardrobe staples like tailoring and knitwear to accessories, covering the full range of Rag & Bone’s...

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Business

Guess? revenues rise as it prepares for go-private deal

Guess?, Inc. has announced a 6 percent increase in revenue to 772.9 million dollars for its second quarter of fiscal year 2026, up from 732.6 million dollars in the same period last year. The revenue rise, driven by strong performance in Europe and North America, comes as the company moves towards a proposed take-private transaction. The Los...

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Business

Authentic Brands Group to acquire intellectual property rights of Guess

The US fashion and media group Authentic Brands Group LLC has acquired another prominent fashion brand. On Wednesday, the company announced it had signed a binding agreement to assume control of Guess’s intellectual property rights. The acquisition is "another important milestone" for Authentic, the group stated. With global annual brand...

Retail|In Pictures

In Pictures: Guess Jeans opens first Asian flagship store in Tokyo

Guess Jeans has opened its first Asian flagship store in the fashion-centric neighbourhood of Harajuku, Tokyo. The opening of the four-storey location comes as part of wider expansion plans in Japan, currently being led by director of new business, Nicolai Marciano. To celebrate this next phase of global expansion, a series of local events...

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Business

Guess Q1: Rag & Bone acquisition boosts revenue, net loss widens

Guess financial results for the first quarter ended May 3, 2025, revealed a complex picture of growth driven by strategic acquisitions and wholesale momentum, set against a backdrop of increased losses. Despite a GAAP net loss for the quarter, the company's revenue surpassed expectations, primarily attributed to the successful integration of the...

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Business

Marcolin and Guess extend licensing agreement to 2040

Italian eyewear manufacturer Marcolin and US fashion company Guess?, Inc. renewed their exclusive licensing agreement for the design, production and worldwide distribution of Guess and Marciano branded sunglasses and eyeglasses. The partnership, originally set to run until 2030, was extended for a further ten years to 2040. "We are delighted...

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Business

Rag & Bone expands with eyewear in collaboration with Marcolin

New York fashion label Rag & Bone is entering into an exclusive four-year licensing agreement with eyewear manufacturer Marcolin for an eyewear line. Guess and WHP Global, the brand’s parent companies, announced this in a press release. According to the press release, the Rag & Bone eyewear line captures the energy of city life with striking...

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Business

Is Authentic mulling a Guess takeover bid?

Media speculation over Authentic Brands Group potentially launching a bid for Guess Inc. began circulating yesterday, helping to boost shares for the US clothing brand and sparking a possible bidding war. Following Bloomberg’s report on the potential of a rival bid by Authentic, Guess shares were up 17 percent in afternoon trading on Thursday,...