Rag&Bone news and archive

Guess Q1: Rag & Bone acquisition boosts revenue, net loss widens

Guess financial results for the first quarter ended May 3, 2025, revealed a complex picture of growth driven by strategic acquisitions and wholesale momentum, set against a backdrop of increased losses. Despite a GAAP net loss for the quarter, the company's revenue surpassed expectations, primarily attributed to the successful integration of the...

Retail

Rag & Bone expands in Germany with Düsseldorf flagship opening

Rag & Bone is opening its first German flagship store in Düsseldorf. Only at the beginning of April, the US brand announced the opening of its first location on mainland Europe in Amsterdam. Now, the second EU store is already following in the capital of North Rhine-Westphalia, Rag & Bone announced on Tuesday on the career network Linkedin. “...

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Business

Rag & Bone expands with eyewear in collaboration with Marcolin

New York fashion label Rag & Bone is entering into an exclusive four-year licensing agreement with eyewear manufacturer Marcolin for an eyewear line. Guess and WHP Global, the brand’s parent companies, announced this in a press release. According to the press release, the Rag & Bone eyewear line captures the energy of city life with striking...

Podcast

Podcast: Andrew Rosen on the Evolution of American fashion

Andrew Rosen, the founder of Theory and an investor in brands such as Rag & Bone, Alice & Olivia, Skims, and Veronica Beard, engages in a conversation with Lauren about American fashion and retail. Their discussion includes various facets of the industry, Rosen's latest project, his investment approach, changes within the industry since the...

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Business

Rag & Bone to expand into watches under new Sequel licensing deal

Rag & Bone is set to explore a new division. As part of a new five-year licensing deal with Sequel, the New York brand will be developing a line of premium watches under the watchful eye of its parent companies, Guess and WHP Global. Sequel, a subsidiary of Timex Group, has already been a long-term licensee partner to Guess, working with the...

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Business

Guess Q4 revenues grow despite challenges, names new CFO

Guess financial results for the fourth quarter of fiscal year 2025, reveal “a mix of growth and challenges”, alongside the strategic appointment of Alberto Toni as its new chief financial officer. Apparel retailer's net revenue for the quarter reached 932.25 million dollars, representing 5 percent, while in constant currency, net revenue...

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Business

Guess and WHP strike licensing deal for Rag & Bone accessories

Guess and WHP Global, the joint owners of Rag & Bone, have partnered with Signal Brands on a five-year licensing deal for the New York label’s accessory line. The agreement intends to develop and further expand Rag & Bone’s handbags and small leather goods category. It further underlines the brand’s commitment to global expansion, a press...

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Business

Guess reports Q3 loss, forecasts earnings below analysts' estimate

For the third quarter, Guess recorded a GAAP net loss of 23.4 million dollars and GAAP diluted net loss per share of 47 cents. Adjusted net earnings were 17.7 million dollars, down 35 percent, while adjusted diluted EPS decreased 31 percent to 34 cents. Net revenue for the quarter increased 13 percent to 738.5 million dollars. In constant...

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Business

Guess earnings decline, adjusts outlook to reflect 'softer consumer environment'

For the second quarter, Guess recorded a GAAP net loss of 10.6 million dollars and GAAP diluted net loss per share of 28 cents, while adjusted net earnings were 23 million dollars, a 42 percent decrease from 39.7 million dollars and adjusted diluted EPS decreased 42 percent to 42 cents. Total net revenue for the quarter increased 10 percent or...

Retail

Rag & Bone plans stores in Germany

US brand Rag & Bone wants to continue to grow in Europe and is now also planning its own stores in Germany. The brand, which exhibited for the first time at the Pitti Uomo menswear trade fair this week, told FashionUnited that one more shop is set to open this year. This will then be followed by three more German locations next year. Exact...

People

Guess appoints Andrew Rosen as executive chair of Rag & Bone

Guess has announced the appointment of Andrew Rosen as executive chair of the Rag & Bone brand. Guess and global brand management firm WHP Global recently completed the acquisition of New York-based Rag & Bone, which operates as an independent brand within the Guess portfolio. While Guess owns the brand's operating assets, it jointly owns the...

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Business

Guess? and WHP Global closes acqcuisition of Rag & Bone

Guess?, Inc. (GES) and global brand management firm WHP Global announced Wednesday that they have completed the previously announced acquisition of New York based fashion brand rag & bone. Under the terms of the transaction, Guess? has contributed 57.1 million dollars towards the purchase of rag & bone, in addition to contributions from WHP...