New York, United States – Paul Marciano, co-founder of the Guess fashion brand, resigned on Tuesday in the wake of an investigation into sexual assault claims. The decision came after a unanimous vote by the board, from which Marciano and his brother Maurice have recused themselves. Two independent investigators looked into allegations of “inappropriate comments and texts, and unwanted advances including kissing and groping,” Guess said. It said they interviewed more than 40 people and reviewed some 1.5 million pages of documents. Guess and Marciano settled claims with five of the complainants for a total of $500,000.

Source: Philippine Daily Inquirer June 13, 2018 02:26 UTC