Guess Inc news and archive

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...

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...

Report

Guess Q3 revenues increase 10.3 percent

American designer and distributor of apparel, denim, handbags, watches and footwear, Guess said on Wednesday its Q3 revenue for 2018 increased by 10.3. Net loss for the period was 13.4 million US Dollars compared to 2.9 million US Dollars from the same period last year, while adjusted net earnings increased by 1.6 percent to 10.6 million US...

Management|INTERACTIVE

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...

Culture

Guess Inc. launches farmers market event for fashion brands with new capsule

Guess Inc. recently unveiled a new capsule collection celebrating Farmers Markets. The iconic brand is set to launch the new collection starting next month on May 5. The company partnered with Round Two co-founder Sean Wotherspoon on a collection with a focus on vibrant, energetic colors. The collection also consists of various patterns with a...

Management|ANALYSIS Featured

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...