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Although he is not admitting any wrongdoing, Guess co-founder Paul Marciano yesterday resigned as executive chairman of the "global lifestyle brand" after an investigation by a special committee of its board determined that he had "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," according to a filing with the Securities and Exchange Commission.
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June 13, 2018 at 08:09AM
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