(Reuters) – Guess? Inc (N:GES) said on Tuesday its co-founder, Paul Marciano, will relinquish his day-to-day responsibilities at the company, on an unpaid basis, following allegations of improper conduct. http://reut.rs/2EEztp8
Earlier this month, model and actress Kate Upton tweeted, accusing Marciano of using his power to harass women.
The fashion retailer’s board in early February had formed a special committee, made up of two independent directors, to oversee an ongoing investigation into allegations against Marciano.