GUESS, Inc.
New Delhi, Delhi, India:
GUESS, Inc. boosts its enlargement technique with the incorporation of its subsidiary, GUESS India, in Gurgaon, India. This transfer enforces the corporate’s coverage of sustaining agency direct management over model improvement in key markets globally.
As the model continues to develop throughout Europe, Asia and the Middle East, GUESS will set forth an aggressive retail enlargement plan in India. In addition to its retail enlargement, GUESS India may also construct the wholesale channel by means of its E-commerce platform, extending its attain in a geographically huge and various nation. Given the power of the model, its way of life providing and the corporate’s direct help of sources, Guess India is on a transparent path to success.
The Los Angeles primarily based firm has been current within the Indian market since 2012 and has operated within the territory by means of a distributorship mannequin. “India has always been a country of strategic importance to the brand, and given the recent relaxation of FDI norms, this was a natural decision. It is a fundamental step for us to accelerate the strength of our brand with clear and strong control over presentation and product assortment that is consistent with our brand strategy,” says Victor Herrero, CEO of GUESS, Inc.
Established in 1981, GUESS started as a denims firm and has since efficiently grown into a worldwide way of life model. GUESS, Inc. designs, markets, distributes and licenses a way of life assortment of up to date attire, denim, purses, watches, footwear and different associated client merchandise. GUESS merchandise are distributed by means of branded GUESS shops in addition to higher division and specialty shops world wide. As of May 5, 2018, the Company immediately operated 1,020 retail shops within the Americas, Europe and Asia. The Company’s licensees and distributors operated 624 further retail shops worldwide. As of May 5, 2018, the Company and its licensees and distributors operated in roughly 100 international locations worldwide. For extra details about the Company, please go to www.guess.com.
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