A deal to sell the Dallas-based luxury chain would be difficult to execute.
Known for social activism like motivating its U.S. fans to vote, Maná launches its first denim line to benefit its eco-charity.
The company is maintaining guidance since the change was already contemplated in the initial forecasts.
Now owned by Twin Dragon Marketing, the denim brand is relaunching next spring with creative director Michela Casale, an alumna of Diesel and Miss Sixty.
In his new post, Love will be responsible for leading the company’s commercial operations, spanning all brands and channels, across Asia, the Middle East and Africa.
Shares of Guess shot up 14.5 percent in after-market trading.
Electronics and apparel are the top two back-to-school sales categories.