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BusinessMember

Is Authentic mulling a Guess takeover bid?

Media speculation over Authentic Brands Group potentially launching a bid for Guess Inc. began circulating yesterday, helping to boost shares for the US clothing brand and sparking a possible bidding war. Following Bloomberg’s report on the potential of a rival bid by Authentic, Guess shares were up 17 percent in afternoon trading on Thursday,...

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BusinessFeaturedMember

Guess Q4 revenues grow despite challenges, names new CFO

Guess financial results for the fourth quarter of fiscal year 2025, reveal “a mix of growth and challenges”, alongside the strategic appointment of Alberto Toni as its new chief financial officer. Apparel retailer's net revenue for the quarter reached 932.25 million dollars, representing 5 percent, while in constant currency, net revenue...

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