GES Guess? Inc.

GUESS Proudly Announces Its Inclusion in Business Report’s Ranking of the “Top 25 Companies in Los Angeles”

Business Report recently published its ranking of “Top 25 Companies in Los Angeles,” and GUESS?, Inc. came in at number one. Focused on highlighting companies in the world entertainment hub, the article recognized brands such as Universal Studios Hollywood and Califia Farms. Los Angeles is a “formidable economic force on a global stage, boasting the world’s third largest metropolitan economy,” and GUESS’s inclusion in this ranking certifies its standing as one of the “most innovative, determined, and transformative companies in the world.” We are so proud to be included among these Los Angeles companies finding new ways to innovate in their spheres.

In speaking directly about GUESS, the article details the humble beginnings of four brothers pursuing their own American dream. The Marciano Brothers came to Los Angeles on holiday, and as they looked up at a billboard on Sunset Boulevard, they pictured the beginnings of their budding new brand. In 1981, the GUESS brand launched in Bloomingdale’s with the 3-Zip Marilyn jeans—a slim-fitting silhouette inspired by the sexiness and allure of Marilyn Monroe. The brothers set out to bring a European flair to the American market, and soon, the covetable denim was flying off the shelves.

With the success of their first launch, the brand charged full steam ahead and found worldwide popularity. Headquartered in a city known to be a melting pot of cultures, GUESS now boasts more than 7,000 employees and offers “a full range of denim, apparel, and accessories in over 100 countries worldwide.”

Over the years, the brand has stayed true to its roots, with its iconic advertising campaigns designed by Paul Marciano, GUESS Co-Founder and Chief Creative Officer, captivating one generation after another. Today, “GUESS has become a symbol of a young, sexy, and adventurous lifestyle,” including exciting new beach club partnerships in Spain, Italy, and Turkey. The company also continues to pioneer in sustainable fashion with the recent launch of its third-party reviewed VISION GUESS report and the 2023 GUESS ECO Collection.

To read the full article, click the link .

About GUESS? Inc.

Guess?, Inc. 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 July 29, 2023, the Company directly operated 1,023 retail stores in the Americas, Europe , and Asia. The Company’s partners and distributors operated 546 additional retail stores worldwide. As of July 29, 2023, the Company and its partners and distributors operated in approximately 100 countries worldwide. For more information about the Company, please visit .

EN
26/10/2023

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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...

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