Guess Inc news and archive

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...