Guess and WHP Global To Acquire Rag & Bone

Guess Inc. and brand management company WHP Global have cut a deal to acquire Rag & Bone. In the contract, Guess will purchase all of the New York brand's operating assets, and a separate 50-50 joint venture will see Guess and WHP own the label's intellectual property."I am thrilled about this new relationship with Guess? and WHP Global," Andrew Rosen, chairman of the board at Rag & Bone, said in a statement. "Today marks the beginning of an exciting new chapter as Rag & Bone joins forces with a...