The fashion retailer reported net earnings of $12.0 million for the first quarter on Thursday, a figure representing solid progress compared to the Q1 losses posted by the company in the last two years.
Guess Inc has announced that Maurice Marciano, co-founder and non-executive Chairman of its board has stepped back from his role after recently being injured in a bicycle accident near his home in Napa Valley.
Guess is the latest American fashion retailer to announce that it is furloughing a significant part of its store and head office employees, as the Covid-19 crisis forces its stores to stay closed indefinitely.
The US apparel brand has announced the upcoming launch of a swimwear capsule designed in collaboration with the model and actress, who is also the face of the label’s Spring/Summer 2019 swimwear campaign.
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.