LOS ANGELES--(BUSINESS WIRE)--Apr. 19, 2018--
GUESS?, Inc. and Gucci are pleased to announce that an agreement has
been signed between the two parties which will result in the conclusion
of all pending IP litigations and trademark office matters worldwide.
The terms of the agreement remain confidential.
The agreement is an important step for both companies in recognizing the
significance of protecting their respective intellectual property
portfolios and design creativity.
About GUESS?, Inc.
Established in 1981, GUESS began as a jeans company and has since
successfully grown into a global lifestyle brand. Guess?, Inc. designs,
markets, distributes and licenses a lifestyle collection of contemporary
apparel, denim, handbags, watches, 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 February 3, 2018, the Company directly operated 1,011 retail stores
in the Americas, Europe and Asia. The Company’s licensees and
distributors operated 652 additional retail stores worldwide. As of
February 3, 2018, the Company and its licensees and distributors
operated in approximately 100 countries worldwide. For more information
about the Company, please visit www.guess.com.
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Source: GUESS?, Inc.