Guess

Guess was founded in 1981 by brothers Paul and Maurice Marciano, who left southern France in search of the American dream. They took advantage of their European influence to focus on one of the most American garments: jeans. Currently, the Guess group has a distribution network consisting of more than 1,700 establishments worldwide.

The American fashion retail company has shared a new strategy to increase profitability in the following five years.

Guess benefit drops 9% despite sales grow 5% in first half

The fashion company closed the first half of its fiscal year, ended August 3rd, with a drop of 9.3% in its net benefit and a revenue of 1.1 billion dollars.

Guess grows 3% and reduces losses in first quarter

The American company has registered a volume of business of 536.6 million dollars (476.7 million euros) in the first three months of exercise.

Former Guess CEO Víctor Herrero to join Clarks board

The Spanish executive left the US group in February. He is currently a member in the Global Fashion Group’s board, the subsidiary for Rocket Internet’s emerging platforms.

The Spanish manager will leave the Company on the next February 2. The new prime executive was Chief Operating Officer of the company between 2000 and 2010.

Guess sales soar 14.7% in first quarter but losses remain

The US company has registered its seventh consecutive quarter of revenue growth, primarily due to the good evolution experienced in European and Asian markets.

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