Guess Co-Founder Paul Marciano is Stepping Back as Company Investigates Sexual Assault Allegations

Vanity Fair 4 months ago

Guess co-founder Paul Marciano is stepping away from his day-to-day responsibilities at the company. The announcement comes after models Kate Upton and Miranda Vee accused Marciano of sexual misconduct.

"I have pledged my full cooperation to the Company, and I have the utmost confidence in our C.E.O., Victor Herrero, to continue leading the Company during this time," Marciano said in a statement.

Earlier this month, Upton told Time that Marciano groped while on a campaign shoot in 2015. Marciano denied the allegations, telling People that he supported the #MeToo movement.

"I fully support the #metoo movement. At the same time, I will not allow others to defame me and tarnish my reputation," he said. "I have pledged to Guess and its Board of Directors my full support and cooperation with a fair and impartial investigation."

The investigation, which is still ongoing, will determine what role Marciano will have within the company going forward.

“The Company takes very seriously any allegations of sexual misconduct, is committed to maintaining a safe work environment, and looks forward to the completion of a thorough investigation of all the facts,” Guess said in a statement released Tuesday.

According to CNBC, Guess shares are down more than 15 percent since Upton came forward with her allegations on January 31. The shares dropped four percent on Tuesday.

O.K., we’re going to start our journey with Middleton. This is a “classic,” straight-down-the-middle(ton) Kate ensemble: conservative dress in a primary color, topped with a semi-funky fascinator.
O.K., we’re going to start our journey with Middleton. This is a “classic,” straight-down-the-middle(ton) Kate ensemble: conservative dress in a primary color, topped with a semi-funky fascinator.

Photo: by Indigo/Getty Images.
Now here’s Upton’s spin on the same look. Sure, she’s showing *slightly* more skin, but the color is pretty much exactly the same. And, most crucially, she’s rocking the fascinator as if she’s been wearing them her whole life. That steely grin says, “I can do Duchess, too, *Duchess*.”
Now here’s Upton’s spin on the same look. Sure, she’s showing slightly more skin, but the color is pretty much exactly the same. And, most crucially, she’s rocking the fascinator as if she’s been wearing them her whole life. That steely grin says, “I can do Duchess, too, Duchess.”

Photo: by Ryan Pierse/Getty Images.
Here’s Middleton in 2011, in a very business-casual cream jacket with a bombastic black hat. (When else are ya gonna use the word “bombastic” if not in a Kate Middleton slide show?)
Here’s Middleton in 2011, in a very business-casual cream jacket with a bombastic black hat. (When else are ya gonna use the word “bombastic” if not in a Kate Middleton slide show?)

Photo: by Dan Kitwood/Getty Images.
You’re nodding your head right now, aren’t you? This is a *very similar* ensemble Kate Upton has going on here. Now, we didn’t see the bottom half of Middleton’s outfit, and it’s unlikely she was wearing a skirt of this tightness and length, but Upton is sporting a quite tasteful white top, and her hat is nearly identical to Middleton’s. Upton would not look out of place at tea with the Queen in this number!
You’re nodding your head right now, aren’t you? This is a very similar ensemble Kate Upton has going on here. Now, we didn’t see the bottom half of Middleton’s outfit, and it’s unlikely she was wearing a skirt of this tightness and length, but Upton is sporting a quite tasteful white top, and her hat is nearly identical to Middleton’s. Upton would not look out of place at tea with the Queen in this number!

Photo: by Mark Metcalfe/Getty Image.
It feels almost sacrilegious to write a “caption” for this one, but here is your iPhone wallpaper from 2011-2013 (a.k.a. Kate Middleton in her Alexander McQueen wedding dress).
It feels almost sacrilegious to write a “caption” for this one, but here is your iPhone wallpaper from 2011-2013 (a.k.a. Kate Middleton in her Alexander McQueen wedding dress).

Photo: by Pascal Le Segretain/Getty Images.
Well, her veil is sort of similar . . . ?
Well, her veil is sort of similar . . . ?

Photo: by Frazer Harrison/Getty Images.


Photo: By James Devaney/WireImage.

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