Guess to Go Private in $1.4 Billion Deal With Authentic Brands
Guess Inc. is set to go private after striking a $1.4 billion deal with Authentic Brands Group, the parent company of Reebok, Brooks Brothers, Nautica, Sperry, and Dockers. The agreement will give Authentic Brands a 51% stake in Guess’s intellectual property, while co-founders Maurice and Paul Marciano and current CEO Carlos Alberini will retain the […]
Vogue Faces Backlash Over AI Model in Magazine
Vogue and Guess are under fire after featuring an AI-generated model in a recent print ad. The two-page spread appears in the latest issue of Vogue and shows a digital model wearing two different Guess outfits: a pale blue romper with cream floral mesh and a black-and-white chevron maxi dress with a matching handbag. A […]
