GES Guess? Inc.

GUESS?, Inc. Launches GUESS Safe Spaces/Model2Model

As the faces of the fashion industry, models play an important, but often solitary and silent role. Recognizing the personal dangers of isolation and silence, GUESS is implementing a major policy change with the launch of the GUESS Safe Spaces/Model2Model Program. The GUESS Safe Spaces/Model2Model Program will actively support the personal and professional development of our GUESS models through innovative skill-based training, professional mentorship and emotional/mental health resources. Recognizing that each participant brings unique challenges and needs, this program will seek to tailor support appropriate to the individual.

Created with the support of the GUESS executive team, Xian Mikol, an established GUESS model, will serve as the Program Administrator and work directly with Micha Star Liberty, an award-winning victim’s rights attorney, who will act as the Program’s Advisor. This team will be the foundation to guarantee that appropriate support is available as needed.

“I have experienced firsthand the pressures, struggles, and triumphs of the fashion world and their impact on a young model’s life. We designed GUESS Safe Spaces to give models a place to turn, gather advice from each other and create a community. I’m excited to strengthen the voices, build confidence and drive powerful and meaningful futures for models with GUESS,” said Xian Mikol.

Ms. Liberty adds, “This is an important initiative GUESS is undertaking. GUESS is a first in the industry to approach workers’ rights from the models’ perspective and proactively address a variety of issues that models commonly experience. With this mentorship and support, models can receive the tools and skillset to have healthy, long careers.”

A key component to this program is the strong community support through longtime GUESS partner, the Violence Intervention Program (VIP). VIP is a “one stop shop” community Family Advocacy Center, offering medical, mental health, protective, legal and social services to over 20,000 victims of family violence and sexual assault each year. GUESS is proud to announce that Safe Spaces participants will have access to VIP through a staffed position that will link the two companies. VIP founder Dr. Astrid Heppenstall Heger shares, “In the world of fashion where it is the norm for the industry to see models of both genders come and go, GUESS has committed to doing something and to demonstrating that yes, their models matter, but also everyone at GUESS matters. They are building a program that will provide the support so many seek to find safety and wellbeing. VIP is proud to be part of this and to setting a new standard of support and care in the workplace.”

While the initial focus of this ground-breaking program addresses the needs of the GUESS modeling family, the long-term goal is to extend these services to the entire GUESS family. The corporate initiative will include additional elements including enhanced independent reporting and review capabilities, and continued education surrounding the issues of sexual assault and violence prevention.

About GUESS?, Inc.

Established in 1981, GUESS began as a jeans company and has since successfully grown into a global lifestyle brand. GUESS?, Inc. (NYSE: GES) designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewear, footwear and other related consumer products. GUESS? products are distributed through branded GUESS? stores as well as better department and specialty stores around the world. As of January 30, 2021, the Company directly operated 1,046 retail stores in the Americas, Europe and Asia. The Company’s partners and distributors operated 524 additional retail stores worldwide. As of January 30, 2021, the Company and its partners and distributors operated in approximately 100 countries worldwide. For more information about the Company, please visit .

About Violence Intervention Program

Founded in 1984 by Dr. Astrid Heppenstall Heger, the Violence Intervention Program has worked to protect and treat all those who experience family violence and sexual assault in Los Angeles County. At VIP, our passion is our clients. Our model has a lasting impact because we go beyond traditional care, providing personalized and detailed support that makes a world of difference in giving hope and healing to the children, families and elders we serve. 20,000+ children receive medical care from VIP every year. Through partnerships with LAC+USC Medical Center, the Los Angeles Departments of Health Services, Children and Family Services, and Mental Health, and private donors, all services at VIP are provided free of charge to the client. For more information about VIP, please contact Communications Manager, Anne Nadel, .

EN
12/04/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Guess? Inc.

Guess Inc: 1 director

A director at Guess Inc sold/sold after exercising options 350,000 shares at 30.320USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over t...

 PRESS RELEASE

Guess?, Inc. and WHP Global Complete the Acquisition of rag & bone Gue...

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) and global brand management firm WHP Global today announced that they have completed the previously announced acquisition of New York based fashion brand rag & bone. Under the terms of the transaction, Guess? has contributed $57.1 million towards the purchase of rag & bone, in addition to contributions from WHP Global. As a result, Guess? now owns all of the rag & bone operating assets, and Guess? and WHP Global jointly own the rag & bone intellectual property. In connection with the closing of the acquisition, Guess? has e...

 PRESS RELEASE

Guess?, Inc. Announces Issuance of Approximately $12.1 Million of Addi...

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) (the “Company”) announced today that it has entered into a separate, privately negotiated exchange and subscription agreement (the “Exchange and Subscription Agreement”) with a holder of its 2.00% convertible senior notes due 2024 (the “2024 Notes”), pursuant to exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”). Pursuant to the Exchange and Subscription Agreement, the Company will exchange approximately $14.6 million in aggregate principal amount of the 2024 Notes for approximately $12.1 mill...

 PRESS RELEASE

Guess?, Inc. Board Authorizes New $200 Million Share Repurchase Progra...

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) (the “Company”) today announced that its Board of Directors has authorized a new share repurchase program of up to $200 million of the Company’s common stock. Guess? also separately announced today that, as part of this new program and through a convertible bond exchange transaction, it has agreed to repurchase 326,429 shares of the Company’s common stock for $10.3 million. Carlos Alberini, Chief Executive Officer, commented, “Returning capital directly to our shareholders is a high priority for our Board. This $200 million share repurc...

 PRESS RELEASE

Guess?, Inc. Reports Fiscal Year 2024 Fourth Quarter Results

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) today reported financial results for its fourth quarter and full fiscal year ended February 3, 2024. Carlos Alberini, Chief Executive Officer, commented, “We are very pleased with our fourth quarter results, which exceeded our expectations for revenues, operating earnings and earnings per share, and capped an outstanding year for our Company. We grew revenues by 9% for the quarter and 3% for the year. We grew GAAP earnings per share by 40% to $3.09 and adjusted earnings per share by 15% to $3.14. Our disciplined approach in managing the...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch