Guess?, Inc. Announces Organizational Changes and Global Structure Realignment

    LOS ANGELES, Feb. 8 /PRNewswire-FirstCall/ -- Guess?, Inc. (NYSE:   GES)
 today announced several organizational changes.
     FREDERICK G. SILNY, Senior Vice President and Chief Financial Officer, who
 will be leaving the Company to pursue other opportunities, will remain as CFO
 until May 9, 2006.  Then Carlos Alberini will assume the responsibilities of
 this position until it is filled.
     Paul Marciano, Co-Chairman-CEO, commented, "In the past five years, Fred
 has contributed tremendously to the growth and expansion of Guess and overall
 is a great partner to the executive team of Guess.  We will miss him a lot and
 my brother, Maurice Marciano, and I wish him our very best."
 
     The Company also announced new appointments and promotions:
 
     * STEPHEN PEARSON joined Guess?, Inc. in the capacity of Executive Vice
       President, Chief Supply Chain Officer, a newly created position,
       responsible for worldwide production, preproduction, technical services,
       quality control, sourcing and logistics.  Prior to joining Guess?, Inc.,
       Mr. Pearson was Executive Vice President, Merchandising, Design,
       Development and Supply Chain for the J. Jill Group, since 2003.  He
       previously spent over twenty years with the Gap Stores, Inc. in various
       capacities in stores, merchandising and production areas and three years
       with Freeborders, as Executive Vice President, Business Development,
       helping companies with overall product strategy and systems
       implementations.
 
     * LAURENT MARCHAL has agreed to join the Company as President of Guess
       Canada.  This is also a new position.  Mr. Marchal spent the last five
       years with Zara Canada as its Managing Director with full country
       performance accountability.  Prior to Zara, Mr. Marchal was Executive
       Vice President and then President and Chief Executive Officer with
       Sodexo Canada.  Mr. Marchal previously spent several years with Arc
       International and Banque Nationale de Paris and Credit Lyonnais in
       Canada.
 
       Stephen Pearson and Laurent Marchal will report directly to Carlos
       Alberini.
 
     * HARRIET SUSTARSIC has been promoted to Senior Vice President, General
       Merchandise Manager, Retail Division.  Ms. Sustarsic joined Guess in
       2004.  Before that, she was President and Chief Merchandising Officer
       with Charlotte Russe Holdings, Inc., where she spent ten years.
 
     * WENDY KLARIK, who joined Guess?, Inc. in 2003, has been promoted to
       Senior Vice President, General Merchandise Manager, Factory Division.
       Previously, she was Vice President, Merchandising at the Warner Brothers
       Organization and before that, spent several years in Robinson and
       Bullock Department Stores.
 
       The above two positions report directly to Paul Marciano.
 
                          ON THE INTERNATIONAL FRONT:
 
     * Guess?, Inc. announced the promotion of GIULIANO SARTORI to Vice
       President, International Licensing Business Development.  Mr. Sartori
       will relocate to the Guess Europe headquarters in Florence, Italy.  He
       joined Guess in 2004.  He previously was Vice President, Retail and
       Licensing for Max Studio and also spent ten years with the Benetton
       Group.
 
     * STEPHANE LABELLE has been named Senior Vice President, Licensing
       Products for Guess Europe.  He has been with Guess Europe for nine years
       and is located at the Guess Europe showroom in Milan, Italy.
       Previously, he was the head of Zara France for eight years.
 
     * TERENCE TSANG, Senior Vice President, Corporate Business Development,
       has been appointed to lead Guess business development of the Asia region
       and India, effective March 1, 2006.  He will be based in Hong Kong.  Mr.
       Tsang spent seven years with Guess in various executive capacities
       between 1992 and 1999 and rejoined Guess in July, 2005.  He previously
       was Executive Vice President, Chief Financial Officer of Ashworth, Inc.
 
       The above positions report directly to Paul Marciano.
 
     Guess?, Inc. designs, markets, distributes and licenses a lifestyle
 collection of contemporary apparel, accessories and related consumer products.
 At January 28, 2006, the Company owned and operated 311 retail stores in the
 United States and Canada.  The Company also distributes its products through
 better department and specialty stores around the world.  For more information
 about the Company, please visit www.guess.com.
 
     CONTACTS:  Paul Marciano
                Co-Chairman-CEO
                (213) 765-3509
 
                Carlos Alberini
                President &
                Chief Operating Officer
                (213) 765-3582
 
 

SOURCE  Guess?, Inc.