Online Growth And Store Consolidation Will Help Guess's Store Productivity

Going forward, we expect the retailer?s store productivity to improve, driven by incremental online sales, the development of an omni-channel platform and consolidation of an under-performing store network. Guess?s online sales have been growing at a robust pace, which has encouraged it to push aggressively towards omni-channel retailing to leverage customers' online shopping interest to enhance store sales.