Guess?, Inc. And WHP Global To Acquire rag & bone, Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Guess?, Inc. (GES) and WHP Global have announced their agreement to acquire fashion brand rag & bone. The financial terms of the deal were not disclosed. This acquisition is expected to expand Guess?'s portfolio and market presence in the fashion industry.

February 16, 2024 | 1:03 pm
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Guess?, Inc.'s acquisition of rag & bone, in partnership with WHP Global, could potentially enhance its market position and portfolio in the fashion industry.
The acquisition of rag & bone by Guess?, Inc. (GES) is likely to be viewed positively by investors as it signifies strategic growth and expansion in the fashion sector. Although financial terms were not disclosed, such acquisitions typically aim to enhance the acquiring company's market share, brand portfolio, and revenue potential. The positive score reflects the anticipated investor optimism regarding the strategic fit and growth prospects resulting from this acquisition.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90