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Guess? adds new director to its board

20
Jul '06

Contemporary apparel retailer Guess? Inc announced that its Board of Directors has appointed Kay Isaacson-Leibowitz to its Board, increasing the number of directors to eight and bringing the total number of independent directors to five.

Ms Isaacson-Leibowitz will also serve on the Compensation Committee of the Board. She brings to the Board significant experience in merchandising, marketing, product development and general and strategic management. Most recently, she served as Executive VP of Merchandising for Victoria's Secret Stores during a period in which sales volume more than doubled and gross margin increased significantly.

Prior to joining Victoria's Secret, Ms Isaacson-Leibowitz served in various executive positions with department store chains and specialty retailers, including acting President and Senior VP of Merchandising for Banana Republic, a division of The Gap Inc, and President of Accessory Lady, a division of The Melville Corporation.

"We are delighted that Kay has joined our Board," said Maurice Marciano, Co-Chairman and Co-CEO. "Her wealth of experience in merchandising, marketing and product development in women's apparel and accessories will make her a great addition to our Board."

Guess? Inc designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, accessories and related consumer products. At July 1, 2006 it owned and operated 320 retail stores in the United States and Canada. It also distributes its products through better department and specialty stores around the world.

Guess? Inc

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