Guess is an American clothing brand and retailer, producing clothing for men and women. Guess markets other fashion accessories such as watches, jewelry, perfumes, bags and shoes.
Guess Exports into Russia
Received revenues in Russia in 2021-2022, there is no any official announcement. The American manufacturer and seller of clothes Guess bought 30% from the local partner Vyacheslav Shikulov, received the permission of the US Ministry of Finance for the early execution of the put option from 2015. The deal could be related to the seller's concerns regarding the continuation of Guess' work in Russia. Increased sales and profit volumes in 2022 vs 2021.
|May 25, 2023||Guess made an unfashionable decision - an American company bought out a share of a Russian partner in a local business|
|March 30, 2023||Letter sent by B4Ukraine to the company (no response provided)|
|March 27, 2023||Guess Exports into Russia|