LOS ANGELES, Nov. 26 /PRNewswire-FirstCall/ -- Guess?, Inc. (NYSE: GES) today announced that Massimo Macchi will join the Company as President of Guess Europe in December 2007. In this position, Mr. Macchi will be responsible for overseeing all aspects of the European business, as well as spearheading the Company's strategic initiatives in Europe and the Middle East. Mr. Macchi will report directly to Paul Marciano, Chief Executive Officer and Vice Chairman of the Board of Guess?, Inc.
Mr. Macchi has thirty years of business experience in the fashion and consumer products industries. Most recently, he was the Group Executive Vice President and CEO of the luxury clothing company Gianfranco Ferre, and was also Executive Vice President of IT Holdings, which develops and manages international brands such as Gianfranco Ferre, Versace Jeans Couture, Versace Sport and Malo, among others. Previously, Mr. Macchi held various senior management positions at Bulgari Group, where he spent more than ten years, as well as at Gucci Group and Testoni Group, among others.
Paul Marciano commented, "We are very pleased to have Massimo join our global management team. He brings a very strong background in marketing and consumer brand management, as well as extensive experience in managing and developing some of the world's top fashion brands. Massimo's extensive knowledge of the European and the international markets overall, combined with his strong management and leadership skills, will be key assets to our Company as we continue to expand our business in the European region."
Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, accessories and related consumer products. As of November 3, 2007 the Company owned and operated 365 retail stores in the United States and Canada. The Company also distributes its products through better department and specialty stores around the world. For more information about the Company, please visit http://www.guessinc.com.
Contacts: Carlos Alberini
President & Chief Operating Officer
Dennis R. Secor
SVP & Chief Financial Officer
Integrated Corporate Relations
SOURCE Guess?, Inc.