Guess Chairman & Co-Founder Quits Amid Sexual Harrassment Investigation

The company has reached settlements totalling $500,000 USD.

Fashion
1,628 Hypes 14 Comments

Guess chairman and co-founder Paul Marciano has left the company following an investigation into sexual harassment allegations in the organization. The news comes after an announcement that Marciano and Guess had agreed non-confidential settlements with five individuals. The settlements total a combined $500,000 USD and avoid “the cost of litigation without admitting liability or fault.”

The allegations — which came from women including model Kate Upton — included accusations of “inappropriate comments and texts, and unwanted advances including kissing and groping.” Following these claims, Guess says it interviewed more than 40 people and reviewed more than 1.5 million pages of documents. This investigation “found that on certain occasions Mr. Marciano exercised poor judgement in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise.” Marciano will remain on the board.

In other fashion news, a man has made millions impersonating Supreme’s “President.”

Read Full Article
Source
Business of Fashion
More

What to Read Next

Zoe Saldana Has Already Filmed Her Parts in 'Avatar 2' and 'Avatar 3'
Entertainment

Zoe Saldana Has Already Filmed Her Parts in 'Avatar 2' and 'Avatar 3'

Scheduled for release in 2020 and 2021.

Tesla Will Be Cutting Workforce by 9%
Automotive

Tesla Will Be Cutting Workforce by 9%

Model 3 production will be unaffected.

Pusha T Drops "If You Know You Know" Video
Music

Pusha T Drops "If You Know You Know" Video

A Spotify exclusive.


Nintendo Announces 'Fire Emblem' Is Coming to Switch in New Trailer
Entertainment

Nintendo Announces 'Fire Emblem' Is Coming to Switch in New Trailer

Releasing next year.

RIMOWA & Fendi Expand Collaboration With New Aluminum Cabin Trolley
Fashion

RIMOWA & Fendi Expand Collaboration With New Aluminum Cabin Trolley

More luxury luggage.

Epic Games Announces 'Fortnite' World Cup Tournament for 2019
Entertainment

Epic Games Announces 'Fortnite' World Cup Tournament for 2019

As well as a series of other eSports tournaments.

More ▾