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Guess Co-Founder Paul Marciano Resigns After Harassment Investigation — Here’s Who Else Has Stepped Down in the Fashion Industry

Paul Marciano has resigned from his post as executive chairman of Guess following the conclusion of an investigation into allegations he engaged in sexual misconduct at work.
The Los Angeles-based brand and Marciano have also agreed to pay five of his accusers an aggregate total of $500,000.
In February, Guess’s board of directors created a special committee to investigate allegations of improper conduct by Marciano just weeks after supermodel Kate Upton accused the Guess co-founder of inappropriate behavior.
Over the course of the investigation — which included women other than Upton — allegations against Marciano included claims of inappropriate comments and texts and unwanted advances such as kissing and groping, according to a filing with the U.S. Securities and Exchange Commission.
After interviewing more than 40 people and reviewing about 1.5 million pages of documents, Guess’s special committee said “many” of the allegations against Marciano could not be corroborated.
However, in other cases, the investigation found that “credible accounts were given by both sides” and that on “certain occasions Mr. Marciano exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise.”
Paul Marciano’s resignation from the board was effective

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Via:: https://footwearnews.com/2018/business/executive-moves/guess-paul-marciano-resigns-metoo-fashion-executives-1202573657/