LOS ANGELES — Guess Inc. announced two new senior-level appointments on Tuesday that are intended to help boost the company's global reach.
Bonita Inza was named senior vice president of retail operations. She will be responsible for all store concepts in the U.S. and Canada. Inza was vice president of operations for all brands at Williams-Sonoma Inc. from 1992 to 2005.
Terence Tsang will be senior vice president, corporate business development, a new position. He will be responsible for long-range planning, special projects and international business development for key territories, including Asia and Latin America.
Tsang had worked as executive vice president at Ashworth Inc. since 2000. This is his second tour with Guess. His first was from 1992 to 1999. Tsang worked in several jobs, including vice president of finance, corporate controller and treasurer.
"The number-one reason for us to select [Inza] is her brand understanding, consistency and [ability to] focus on the relationship between the customer and company," Paul Marciano, co-chairman and chief executive officer, said in an interview.
Marciano, who named Williams-Sonoma as one of his favorite companies, said the creation of Inza's job indicates major strides for the company in the areas of personnel, management and expansion.
Tsang's position is integral to Guess' international growth strategy, particularly in Asia, Marciano said.
"We are building a large team internationally right now," he said. "The brand is especially developing well in Europe, and Asia is the next big push."
Earlier this month, the company bought back its European jeanswear license, and it hopes to add almost $100 million in revenue this year.
Marciano also said Guess is working on two possible ventures in Japan and China, but would not reveal further details other than to offer that Guess would handle all marketing, while the partners would be in charge of operations and human resources.
"We really want to control the brand, especially in Japan," Marciano said.
The Los Angeles-based company announced this month that same-store sales for June increased 11 percent. For the second quarter ended July 2, total retail sales increased 14.1 percent to $132.9 million compared with $116.4 million for the second quarter of 2004. Comp-store sales increased 4.2 percent during the second quarter of 2005.Guess Inc. operates 301 retail stores in the U.S. and Canada and distributes its products through better department and specialty stores around the world. The company is to open about 37 stores in 2005 and wants to open close to the same number in 2006, Marciano said.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)