Tag
22 stories in this topic
US-based fashion behemoth, Guess, has announced plans to shutter all its outlets in Mainland China by the end of this month. This move is seen as a continuation of the trend witnessed in recent years where multiple foreign labels have ceased operations in the…
Guess, a renowned fashion and lifestyle brand, is preparing to transition into a privately-held company following a US$1.4 billion pact with Authentic Brands Group, major shareholders, and co-founders Maurice and Paul Marciano, Nicolai Marciano, as well as…
Guess Jeans makes its debut in Japan with a flagship store American clothing brand Guess Jeans has launched its first retail store in Tokyo, Japan’s Jingūmae district, marking its latest step in its global expansion strategy. The four-level establishment…
Guess plans to transfer its operations in Greater China to a local partner this year as part of its restructuring strategy. “After many years of running our own direct operations in Greater China, we believe there is an opportunity for this market to be…
GUESS? Inc. is bringing its California-based denim lifestyle label, Guess Jeans, in India. The move comes as part of a long-term strategic franchise partnership with Tata Group’s multi-category e-commerce platform, Tata CLiQ, operated by Tata UniStore…
Guess sub-brand Guess Jeans will launch in India through a long-term franchise agreement with Tata Group’s multi-category e-commerce platform, Tata CLIQ. As part of this collaboration, Tata CLIQ will become Guess Jeans’ exclusive retailer in India, growing…
Guess Asia sales are recovering post-Covid-19, but the company will be exiting some stores in the region when leases come up for renewal, as part of a worldwide network trim of 100 outlets. The store closures represent about 9 percent of the global fleet and…
Iconic American fashion brand Guess Inc. announced that its chief executive officer and director, Victor Herrero, is leaving the company effective February 2, 2019. Carlos Alberini, who served as Guess’s president and chief operating officer more than ten…
Guess Inc. announced on Wednesday that its total second-quarter sales lifted by double digits, pushed on by comparable sales growth in Europe and Asia. The Los Angeles-based company said total revenues increased 14% to $645.9 million with Asia recording the…
Guess has returned to profit in the first half of this year, with high rate of growth in Asia-Pacific a key factor. Sales by Guess in Asia rose by 32.3 per cent during the first half of this year, expressed in US dollars, and by 27.1 per cent in constant…
Sands Cotai Central has opened phase four of its retail offer, adding almost 100,000sqft of retail space and 25 retailers. At the heart of the expansion is an Apple store, which opens today. The new space is home to several brands new to Macao: Calvin Klein…
Guess Jeans is expanding its Farmers Market concept to global stores until the end of next month. Created by Guess and vintage streetwear collector Sean Wotherspoon, the collection features reworked items from the Guess archives developed in the ’80s and…
Continued momentum in Asia has helped boost revenues for US clothing brand Guess Inc for its first quarter, to May 5. As the company continued to take advantage of its infrastructure investments in China and Japan, its operating margin in Asia improved by 430…
Guess co-founder Paul Marciano has stepped away from the business for an indefinite period while an investigation takes place into allegations of improper conduct. Marciano denies the allegations which have not been detailed by Guess. However Retail Dive has…
Dutch department store operator Topshelf appears to be closing down. The company has announced its last store in Alkmaar will close in mid-January, following the shuttering of stores in Arnhem, Nijmegen and Groningen. The company has not filed for bankruptcy…
American fashion brand Guess’ third quarter turnover grew more than 3 %, mainly thanks to excellent sales in Asia and Europe. It did post a net profit loss however. Drop in America Guess’ total third quarter turnover reached 554.1 million dollars (470 million…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.