Fashion
Guess will go private in $1.4 billion deal with Authentic Brands
By
Bloomberg
Published
August 20, 2025
Guess? Inc. will be taken private by Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and chief executive officer Carlos Alberini.
Shareholders will get $16.75 a share in cash, a 26% premium to the stock’s closing price on Tuesday. The deal values Guess at about $1.4 billion, including debt, the company said in a statement. The shares jumped premarket to trade at the offer price.
Founded in 1981 by the Marciano brothers, Guess’s products include denim, handbags and shoes. In February 2024, the company teamed up with WHP Global to acquire the fashion brand rag & bone. This past April, Guess said it was reviewing a proposal from WHP to acquire the retailer for $13 a share.