LOS ANGELES--(BUSINESS WIRE)--GUESS?, Inc. and Gucci are pleased to announce that an agreement has been signed between the two parties which will result in the conclusion of all pending IP litigations and trademark office matters worldwide. The terms of the agreement remain confidential.
The agreement is an important step for both companies in recognizing the significance of protecting their respective intellectual property portfolios and design creativity.
About GUESS?, Inc.
Established in 1981, GUESS began as a jeans company and has since successfully grown into a global lifestyle brand. Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other related consumer products. Guess? products are distributed through branded Guess? stores as well as better department and specialty stores around the world. As of February 3, 2018, the Company directly operated 1,011 retail stores in the Americas, Europe and Asia. The Company’s licensees and distributors operated 652 additional retail stores worldwide. As of February 3, 2018, the Company and its licensees and distributors operated in approximately 100 countries worldwide. For more information about the Company, please visit www.guess.com.