Guess? rolling shareholders and Authentic Brands Group to acquire Guess? for $1.4bn.

Guess? rolling shareholders, including Maurice Marciano, Paul Marciano, Nicolai Marciano, and Carlos Alberini, and Authentic Brands Group, a global brand development, marketing and entertainment platform, agreed to acquire Guess?, an American clothing company, for $1.4bn. "Guess? has always worked to create a strong network of licensing partners, and joining forces with Authentic – the world’s second largest licensor with a powerful lifestyle and entertainment platform – will enable us to build on this foundation and expand our reach as a global lifestyle brand. Guess?’s incredible legacy is a direct result of our unparalleled understanding of our customers and commitment to creating innovative and iconic designs that stand the test of time. I am grateful to our world-class team members and partners and look forward to continuing to work closely with Carlos and our talented leaders in this new chapter,” Paul Marciano, Guess? Co-Founder and Chief Creative Officer.