Los Angeles, CA, November 7, 2001 -- Guess?, Inc. (NYSE:GES) today reported that total October retail sales for the five weeks ended November 3, 2001 were $34.0 million, a decrease of 4.8% from sales of $35.7 million for the five weeks ended November 4, 2000. Comparable store sales for the October period declined 11.4%, in line with the Company's previously stated expectation of a decrease in the low teens. Comparable store sales for the Company's full priced retail stores decreased 11.9%, and comparable store sales at the factory outlet stores decreased 10.3%.

Guess ?, Inc. designs, markets, distributes and licenses one of the world's leading lifestyle collections of contemporary apparel, accessories and related consumer products.