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Stock Market & Financial Investment News

News Breaks
March 17, 2014
08:41 EDTGESGuess should be used as source of funds ahead of results, says Buckingham
Buckingham believes that Guess' Q4 results could be a negative catalyst for the stock. The firm expects the company's Q4 results to be in-line but low quality, and predicts that Guess' FY14 guidance will be below consensus. The firm keeps an Underperform rating on the shares.
News For GES From The Last 14 Days
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January 29, 2016
11:54 EDTGESGuess to implement program to eliminate angora fiber
The company noted, "During 2015, while developing our sustainability practices and publishing our first sustainability report, GUESS evaluated our practices related to the use of angora fibers. As a result of this process, GUESS is implementing a program to eliminate angora fiber from our future collections available in retail stores worldwide." GUESS CEO, Victor Herrero stated, "While in the past, GUESS has worked to ensure the minimal amount of angora used was ethically sourced, we feel the decision to eliminate angora moving forward is just the right thing to do."
10:05 EDTGESGuess says angora fiber 'should not be used' in production of any product
Guess?, Inc. announces that during 2015, while developing our sustainability practices and publishing its first sustainability report, it evaluated our policy related to the use of angora fiber. The company comments: "Effective immediately, angora fiber should not be used in the production of any product going forward or contained in any private label products. This pertains to promotional items as well."

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