The footwear and accessories maker reported a fourth-quarter loss of $7.6 million on Tuesday and announced the closure of its North American retail locations in response to the ongoing Covid-19 pandemic.
The size-inclusive brand announced on Tuesday the appointment of Andy Thê-Anh as design director and the opening of a new concept store at the brand’s Carrefour Laval location in the outer skirts of Montreal.
In a call with investors at the end of last month, Carlos Alberini laid out his strategy for Guess, revealing plans to accelerate the brand's denim business, as well as its accessories line and Marciano.
Apparel maker Guess Inc said on Monday CEO Victor Herrero will be leaving the company on Feb. 2. Carlos Alberini, head of jeans maker Lucky Brand and a former chief operating officer of Guess, will replace Herrero.