Guess Investigating Marciano Allegations
LOS ANGELES–Fashion retailer Guess Inc. announced Friday that its board of directors has impaneled a two-person committee to oversee an ongoing investigation into allegations of improper conduct by co-founder Paul Marciano in the wake of accusations made by model/actress Kate Upton.
Marciano is the founder of the Marciano Art Foundation, which opened on Wilshire Boulevard in Windsor Square last May.
“The [c]ompany is committed to completing an extensive and impartial investigation into all of the facts,” Guess officials said in a statement released Friday. “On February 7, 2018, the Board of Directors formed a Special Committee comprised (sic) of two independent directors to oversee an ongoing investigation into recent allegations of improper conduct by Paul Marciano.
Marciano adamantly denies the allegations.