A committee will watch over an investigation into recent claims of misconduct against Guess Inc. cofounder Paul Marciano, the denim firm confirmed Friday.The committee’s establishment by the board comes after more details emerged this week from model Kate Upton of sexual harassment by cofounder Paul Marciano. Marciano has firmly denied the allegations.Guess disclosed on Friday two independent directors were named to a special committee to oversee law firm O’Melveny & Myers on what the company called “an extensive and impartial investigation into all the facts.” The board established the committee on Wednesday, the same day Upton went to Time to fully report the details of her allegations, which she had hinted at about two weeks prior on social media.Upton recounted to Time when the harassment began at a 2010 photo shoot during which she said Marciano grabbed her breasts and continued to touch and harass her throughout the rest of the day. The executive, Upton said, continued to harass her ahead of a second shoot, continually calling up to her hotel room. She was dismissed from the shoot the following day. The account was confirmed to Time by photographer Yu Tsai.“As a leader in the fashion industry, Guess Inc. takes seriously any allegation of sexual harassment,” the company said Friday. “The company does not condone such misconduct in any form.”Shares of Guess, which operates 982 stores and another 671 through licensees and distributors, were trading roughly flat on Friday for a market value of $1.26 billion.
@juicebeauty, where @gwynethpaltrow holds the title of creative director of makeup, has become one of the foremost labels in the organic beauty category –– with sales on track to hit $100 million this year. What’s behind the rapid growth the brand is experiencing right now? It all started in 2005 when the wellness movement was just getting started. Read more on WWD.com. #wwdbeauty
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"I want to tell a story that inspires people to feel good about themselves, but also I'm making a commentary about the lack of female stories and female directors and saying this should change," said @imheathergraham on her latest project "Half Magic." The comedy feature, which the actress wrote and directed, is based on her own struggles as a woman in show business. Read @andrewnodell's full interview with Graham on WWD.com. #wwdeye (📷: @jgreenery)
@meltcosmetics cofounders @lora_arellano and @danabomar built their brand on a single idea: a true matte lipstick. To set the brand apart, they said they always put their customers first –– including a personalized note in each package. #wwdsummits #wwdbeauty
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.