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Management shake-up at Guess

Guess CEO Victor Herrero is to step down, and former co-founder and former executive chairman Paul Marciano is to continue in his role chief creative officer.

Carlos Alberini, chairman and chief executive of American denim company Lucky Brand will replace Herrero on 2 January.

Alberini was previously chief operating officer at Guess from 2000 to 2010. 

Marciano resigned from his executive chairman position in June following allegations of improper conduct.

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