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Guess Income Rises, But Bottom Line Hit by Tax Reform in Q4

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Guess Inc. saw its profitability negatively impacted by the tax reform passed at the end of the year, even as it posted strong sales gains, particularly in Europe and Asia. In a Nutshell: Guess Inc. posted solid increases in fourth quarter and full-year net income, with gains in Europe, Asia and wholesale offsetting declines in…

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