He will forfeit his salary for the period he sat out, but will be paid from June until January. He also owns a 17 percent stake in Guess Inc. The allegations first became public when model Kate Upton said in a Time magazine interview that Paul Marciano grabbed her breasts during a Guess photo shoot nearly eight years ago. She also says that he harassed her by showing up at hotels where she was staying and texting her inappropriate comments. Soon after a special committee of the Guess board and an outside law firm launched an investigation, which looked into several reports of inappropriate comments and texts along with unwanted kissing and groping.
In some cases, no conclusion could be reached because the individuals either declined to be interviewed or provided insufficient information to the investigators," Tuesday's filing said. Four brothers, including original designer George Marciano, in founded the brand whose denim became a phenomenon in the s and s. Paul Marciano handled the company's advertising, best known for its black-and-white photos of models including Anna Nicole Smith.
Resignations like his in the fashion industry have been far rarer than in movies and other media in the wave of sexual misconduct revelations spurred by stories on Harvey Weinstein in October. Marciano built Guess? The allegations are just the latest of several that take aim at high-profile fashion mavericks. In December, Canadian fashion executive Peter Nygard was charged with a nine-count indictment including racketeering, sex trafficking, and related crimes arising from a decades-long pattern of criminal conduct involving at least dozens of victims in multiple countries, according to the U.
Last month, multiple unidentified models claim designer Alexander Wang sexually assaulted them. No legal action, however, has been filed as of yet.
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