Maurice Marciano, who co-founded Guess in 1981, has retired from the company’s board of directors, effective immediately.

During his over 40 years at the company, Marciano helped oversee Guess’ evolution from a small family business into a global lifestyle brand. 

“My brothers and I founded Guess based on a vision to create an iconic lifestyle brand that consumers around the globe would love. 

“Today, I’m proud to say that we have turned that vision into a reality, in what has been an incredibly fulfilling journey for me personally,” said Marciano.

Alex Yemenidjian, chairman of the board, considered Marciano a “true visionary” and an “industry giant”, adding his idea helped transform Guess into a global company with business operations in over 100 countries.

“We wish Maurice the very best and know that his legacy will continue on for many generations to come.”

As of July 29, the clothing company directly operated 1023 retail stores in the Americas, Europe and Asia, while its partners and distributors operated 546 additional retail stores worldwide.