default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Guess Co-Founder Paul Marciano Gives Up Daily Duties Amid Probe for Improper Conduct

He is relinquishing his day-to-day responsibilities at the company after model and actress Kate Upton accused Marciano of using his power to harass women.
Guess store | Source: Shutterstock
By
  • Reuters

LOS ANGELES, United States — Guess? Inc said on Tuesday its co-founder, Paul Marciano, will relinquish his day-to-day responsibilities at the company, on an unpaid basis, following allegations of improper conduct.

Earlier this month, model and actress Kate Upton tweeted, accusing Marciano of using his power to harass women.

The fashion retailer's board in early February had formed a special committee, made up of two independent directors, to oversee an ongoing investigation into allegations against Marciano.

In This Article

© 2022 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.

Join us for our next #BoFLIVE on Thursday, February 16 at 15:00 GMT / 10:00 EST, based on our latest case Study How to Build a Profitable DTC Brand. BoF’s deputy editor Brian Baskin along with DTC correspondent Malique Morris and chief marketing officer of UK-based beauty brand Trinny London, Shira Feuer explore blueprints for growing a profitable brand.


The 10 themes in The State of Fashion 2023, the authoritative annual report from The Business of Fashion and McKinsey & Company, highlight how businesses can deploy realistic yet bold strategies to drive growth, even amid challenging times.




view more

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional Summit - An Inflection Point in Fashion Tech
© 2023 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy and Accessibility Statement.
BoF Professional Summit - An Inflection Point in Fashion Tech