Guess Inc. news and archive

Guess Q4 revenues grow despite challenges, names new CFO

Guess financial results for the fourth quarter of fiscal year 2025, reveal “a mix of growth and challenges”, alongside the strategic appointment of Alberto Toni as its new chief financial officer. Apparel retailer's net revenue for the quarter reached 932.25 million dollars, representing 5 percent, while in constant currency, net revenue...

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WHP Global plans acquisition of Guess

The US fashion company Guess Inc. could soon have a new majority owner. On Monday, the apparel retailer announced it had received a non-binding acquisition proposal from the US brand management firm WHP Global LLC. The prospective buyer, whose portfolio already includes brands like Vera Wang, G-Star, and Lotto, is offering 13.00 dollars (11.90...

BusinessMember

Guess partners with Tata CLiQ to launch Guess Jeans in India

American apparel company Guess Inc. has entered into a strategic long-term partnership with Tata Group’s ecommerce platform, Tata CLiQ, to launch Guess Jeans in India. Through this new partnership Guess Inc., which currently operates its Guess brand in India through its subsidiary Guess India Pvt Ltd, is set to expand the retail presence of...

People

Guess CFO steps down, Dennis Secor takes over on interim basis

Guess has appointed Dennis Secor as interim chief financial officer, effective August 26, 2024. Secor, the company said in a release, is a proven finance leader with deep knowledge of the apparel industry. He has previously served as Guess CFO from 2006 to 2012 and as interim CFO from April 2022-July 2023. Secor will succeed Markus Neubrand, who...

People

Guess appoints Andrew Rosen as executive chair of Rag & Bone

Guess has announced the appointment of Andrew Rosen as executive chair of the Rag & Bone brand. Guess and global brand management firm WHP Global recently completed the acquisition of New York-based Rag & Bone, which operates as an independent brand within the Guess portfolio. While Guess owns the brand's operating assets, it jointly owns the...

Retail

Guess reopens at the Forum Shops at Caesars Palace in Las Vegas

Fashion and lifestyle brand Guess has reopened its store at the iconic Forum Shops at Caesars Palace in Las Vegas. The revamped two-story 12,413 square-foot store located in the center of Las Vegas's leading shopping destination reflects Guess's ongoing commitment to elevating its brand and store concept. Featuring trend-led mainline collections...

People

Guess? names Markus Neubrand as chief financial officer

Fashion brand Guess? has appointed Markus Neubrand as its new chief financial officer after a “rigorous search”. Neubrand, who is currently group chief financial officer of MCM Worldwide (MCM Global AG), will join Guess? on August 1. Prior to MCM he spent 17 years at Hugo Boss in various roles, including managing director of Scandinavia and...

Fashion

First look: Jennifer Lopez for Guess, Inc. Spring 2020 campaign

Guess, Inc. has revealed the face of its latest campaign: Jennifer Lopez. The multifaceted cultural icon returns to the company for the Spring 2020 advertising campaign of Guess and Marciano worldwide. “Whenever I do a collaboration, I always think of a character that I can play and be and we had a lot of fun doing that with this campaign,”...

People

Katie Anderson named new chief financial officer of Guess, Inc.

Guess, Inc. has announced the appointment of Katie Anderson to the role of chief financial officer, effective December 2. Anderson will replace Sandeep Reddy, who has been in the role for six and a half years and will exit the company on December 1. Anderson joins Guess from California Pizza Kitchen, where she has held the role of as chief...

Business|INTERACTIVE Member

Guess Q2 revenues increase 13.7 percent

American designer and distributor of apparel, denim, handbags, watches, footwear Guess said on Wednesday its Q2 revenue for 2018 rose 13.7 percent, while GAAP net net earnings rose by 67.8 percent from the same period last year. On an adjusted basis, the company's net earnings increased 83.5 percent to 29.5 million dollars. Hover over the graph...

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Guess Inc’s shares lost 15 percent after harassment allegations on brand’s co-founder

Guess Inc (GES) announced on Friday that its board had formed a special committee to oversee an ongoing investigation into allegations of improper conduct by co-founder Paul Marciano. Earlier in February, model and actress Kate Upton went to Twitter to accuse Marciano of using his power to harass women. Right after the tweet went public, the...