Guess Inc.’s financials seem to be looking up despite harassment accusations against its cofounder and chief creative Paul Marciano.
For the year ended Feb. 1 — roughly the same time model Kate Upton publicly accused Marciano of harassment, including groping her on the set of a photo shoot — Guess said sales grew 7 percent to $2.36 billion. The company’s net loss totaled $7.9 million, equal to a loss of 11 cents per diluted share, and compared with net earnings of $22.7 million for 2016.
As 2018 comes to a close, we’re taking a look back at the best party photos of the year. First up, newlyweds Nick Jonas and Priyanka Chopra in black tie at Ralph Lauren’s 50th anniversary show in September.
📸: @zefashioninsider .
“Sand, summer, sea,” is how designer Sarah Staudinger describes of the beginnings of her latest collection for Staud, writes @elmercer.
Summer was encapsulated through an array of adorable picnic inspired garb in poppy hues like tablecloth gingham compact knit playsuits and matching sets and plenty of crudite-emblazoned offerings. The best foodie-looks included a salad printed waffle minidress with matching cardigan or a matching neon green knit set with fringe made of mini glass lemons (and matching croakies). #wwdfashion
With a litany of sold-out collabs, a history-making debut show for Louis Vuitton men’s and armfuls of awards, Virgil Abloh is WWD’s Newsmaker of the Year. 📸: @lexieblacklock .