Overview

• Shareholders will receive $16.75 per share in cash, valuing the transaction at about $1.4 billion including debt.
• Authentic Brands will acquire 51% of a newly formed entity that will own and license substantially all of Guess’s intellectual property.
• Guess cofounders Maurice and Paul Marciano, Nicolai Marciano, and CEO Carlos Alberini will hold the remaining 49% of the IP and retain 100% ownership of the operating company.
• The companies expect to close in the fourth quarter of Guess’s fiscal 2026, subject to customary approvals.
• Guess shares jumped more than 25% after the announcement, and Authentic said the acquisition would add about $6 billion to its annual retail sales, lifting its total to roughly $38 billion.