Guess Management Holes Leave Fashion Brand Reeling
Posted on November 02, 2012 at 14:08 PM EDT
Already reeling from slowing sales, shares of fashion brand and retail chain Guess (GES) sunk nearly 5% Friday after the company said two key executives would leave soon to pursue other interests. The departures of Michael Prince as chief operating officer and Dennis Secor as chief financial officer leave major management holes in a company that has been hobbled by weak sales in Europe and the U.S. Guess said other execs would assume their roles,