GUESS?, Inc. and Subsidiaries Selected Consolidated Balance Sheet Data

		Jun 30, 2001 ----------	Dec 31, 2000 ----------	Jul 1, 2000 ----------
	ASSETS
Cash and investments		$ 8,813	$ 14,230	$ 10,418
Receivables, net		42,306	34,383	66,142
Inventories, net		130,927	144,220	173,711
Other current assets		26,965	33,259	24,906
Property and equipment, net		156,446	168,299	146,929
Other assets		25,630	25,292	25,914
Total Assets		---------- $ 391,087 ----------	---------- $ 419,683 ----------	---------- $ 448,020 ----------

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities		$ 86,867	$ 129,803	$ 113,551
Notes payable and long-term debt, excluding current installments		114,096	103,781	146,289
Other liabilities		10,872	10,943	10,754
Stockholders' Equity		176,844	175,156	184,920
		----------	----------	----------
Total Liabilities and Stockholders' Equity		$ 391,189	$ 419,683	$ 460,781
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