J Balvin, a frequent partner of Guess and FriendsWithYou, fronts the collection campaign supporting the capsule.
The company is anticipating increased sales in the current quarter and a return to dressier fashion in the year ahead.
LionRock Capital has completed its deal to buy Clarks, and said Herrero would replace Giorgio Presca at the helm.
A former unnamed Guess model claims the company is protecting a “sexual predator” who assaulted her last year.
Company shares shot up more than 5 percent in after-hours trading as a result.
The collection drops on Nov. 12.
The DKNY and Donna Karan parent company expects revenues to decline another 28 percent to 33 percent in the back half of the year.
The retailer is slowly reopening stores around the world, but says sales volumes are only at about 70 percent compared with the same time last year.
But executives said the impact of the coronavirus on the company’s North American and European businesses are yet to be seen.
But investors are disappointed by sales figures and Asian business.