Wednesday, June 17, 2020

Guess Is Permanently Closing 100 Stores as Its Leases Near Expiration
Guess? Inc. is reevaluating its brick-and-mortar strategy as coronavirus-related shutdowns continue to impact its business.

The American apparel and accessories brand has revealed plans to permanently shutter about 100 stores in North America and China, or roughly 9% of its global network. The closures will take place over the next 18 months. . . . more