Guess also selectively grant licenses to manufacture and distribute a range of products that complement its apparel lines, including eye wear, watches, handbags, footwear and so on.
Guess Inc operates in four segments: Retail, Wholesale, European and Licensing. During the fiscal year ended January 31, 2009, 46.7% of the company's net revenue was generated from retail operations, 14.2% from wholesale operations, 34.3% from European and 4.8% from licensing operations.
The retail segment includes the company's Retail operations in North America. The Wholesale segment includes operations in North America and its Asian operations. The European segment includes both wholesale and retail operations in Europe and the Middle East. The licensing segment includes the worldwide licensing operations of the company. The products are sold through retail, wholesale, e-commerce and licensing distribution channels.
As of January 31, 2009, the company directly operated a total of 425 stores in the United States and Canada and 96 stores outside of the United States and Canada. The 425 stores in U.S.A. and Canada are consisted of 192 full-price GUESS? retail stores, 104 GUESS? factory outlet stores, 52 GUESS by MARCIANO stores, 43 G by GUESS stores and 34 GUESS? Accessories stores. The 96 international stores consist of 61 stores in Europe, 24 stores in Asia and 11 stores in Mexico. The Company’s GUESS? and G By GUESS retail stores carry a assortment of men's and women's merchandise, including the GUESS? and G by GUESS licensed products. Its GUESS? factory outlet stores are primarily located in outlet malls generally operating outside the shopping radius of the wholesale customers and its own full-price GUESS? retail stores. Its GUESS by MARCIANO stores carries an assortment of women's merchandise.
The Company’s apparel products are organized into two primary categories: women's and men's apparel. These products are primarily sold under the GUESS? brand. Its line of women's apparel also includes the GUESS by MARCIANO product line. As of January 31, 2009, the Company’s United States and Canada retail operations, which comprises directly operated stores in both the United States. and Canada, consisted of 192 full-price retail, 104 factory outlet, 52 GUESS by MARCIANO, 43 G by GUESS and 34 GUESS? Accessories stores, which sell GUESS?, GUESS by MARCIANO and G by GUESS labeled apparel and accessory products.
At January 31, 2009, the Company’s full-price North American retail stores occupied approximately 956,000 square feet and ranged in size from approximately 2,000 to 13,500 square feet, with most stores between 3,000 and 6,000 square feet. Its retail stores carry an assortment of men's and women's GUESS? merchandise, including its licensed products. In fiscal 2009, the Company opened nine retail stores, closed three stores and converted one full price retail store to a GUESS? Accessories store. At January 31, 2009, the Company’s United States and Canada factory outlet stores occupied approximately 562,000 square feet and ranged in size from approximately 2,000 to 11,000 square feet, with stores between 4,500 and 6,000 square feet. They are primarily located in outlet malls generally operating outside the shopping radius of its wholesale customers and its full-price retail stores. These stores sell selected styles of GUESS? apparel and licensed products at lower price points. In fiscal 2009, the Company opened seven factory stores.