At Guess , the Marcianos remain firmly in control of operations. In what may be one of its final financial reports, the company used its half-year results to detail the agreement that will result in its delisting from the New York Stock Exchange.

The Los Angeles-based fashion group confirmed that Authentic Brands Group (ABG) will acquire 51% of the intellectual property currently owned by Guess. Founding family members Maurice, Paul, and Nicolai Marciano, along with CEO Carlos Alberini , will retain a 49% stake. However, they will take full ownership of all the group’s operating assets.

This structure mirrors the setup used during the 2024 acquisition of Rag & Bone , where intellectual property was placed in a joint venture with WHP Global—also rumored to be a contender in the Gu

See Full Page