Guess?, Inc. Announces Retirement of Maurice Marciano from Board of Directors
30 September 2023 - 6:15AM
Business Wire
Guess?, Inc. (NYSE: GES) today announced that Maurice Marciano
is retiring from the Company’s Board of Directors effective
immediately.
Maurice Marciano co-founded Guess in 1981 and has continued to
serve as a valued leader of the Company for over 40 years. During
that time, he helped oversee Guess’ evolution from a small family
business and denim pioneer into a global lifestyle brand.
“My brothers and I founded Guess based on a vision to create an
iconic lifestyle brand that consumers around the globe would love,”
said Maurice Marciano. “Today, I’m proud to say that we have turned
that vision into a reality, in what has been an incredibly
fulfilling journey for me personally. As the second largest
shareholder of Guess, I’m grateful to the Board, to Paul, and to
Carlos and the entire Guess family for their partnership and
commitment to our brand, and I’m confident that the Company is well
positioned to continue its success long into the future.”
Alex Yemenidjian, Chairman of the Board, commented, “Maurice is
a true visionary of Guess and an industry giant. His early idea to
manufacture designer jeans helped revolutionize the way customers
connect with denim, and transformed Guess into a global company
that now does business in over 100 countries. On behalf of our
Board and our management team, I want to thank Maurice for his
contributions and commitment to Guess and to recognize the
incredible impact he has had on the fashion industry. We wish
Maurice the very best and know that his legacy will continue on for
many generations to come.”
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 www.guess.com.
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Guess?, Inc. Fabrice Benarouche Senior Vice President Finance,
Investor Relations and Chief Accounting Officer (213) 765-5578
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