GUESS Appoints Special Committee to Oversee Investigation
10 February 2018 - 6:50AM
Business Wire
As a leader in the fashion industry, Guess?, Inc. takes
seriously any allegation of sexual harassment. The Company does not
condone such misconduct in any form.
The Company is committed to completing an extensive
and impartial investigation into all of
the facts. On February 7, 2018, the Board of Directors
formed a Special Committee comprised of two independent directors
to oversee an ongoing investigation into recent allegations of
improper conduct by Paul Marciano. Mr. Marciano adamantly denies
the allegations.
The investigation is being conducted by the law firm of
O’Melveny & Myers LLP. In addition, the Board has retained the
law firm of Glaser Weil, LLP to advise the Special Committee.
About GUESS?, Inc.
Established in 1981, GUESS began as a jeans company and has
since successfully grown into a global lifestyle brand. Guess?,
Inc. designs, markets, distributes and licenses a lifestyle
collection of contemporary apparel, denim, handbags, watches,
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 October 28,
2017, the Company directly operated 982 retail stores in the
Americas, Europe and Asia. The Company's licensees and distributors
operated 671 additional retail stores worldwide. As of October 28,
2017, the Company and its licensees and distributors operated in
roughly 100 countries worldwide. For more information about the
Company, please visit www.guess.com.
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GUESS?, Inc.Allison Shafiiashafii@guess.comorKaitlyn
Quailkquail@guess.com
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