Paul Marciano
Paul Marciano | |
---|---|
Born | c. 1952 (age 71–72) |
Nationality | American, French, Moroccan |
Occupation(s) | Fashion designer, businessman, investor, philanthropist |
Known for | Co-founder of Guess? Inc. |
Spouse(s) | Kymberly Marciano (divorced) Mareva Georges |
Children | 4 |
Paul Marciano (born c. 1952)[1] is a French-American fashion designer, businessman, investor, and philanthropist.[2] He is the co-founder of Guess? Inc; his black-and-white advertisements have won numerous Clio awards. Initially run by all four Marciano brothers (Paul, Armand, Maurice and Georges), today the company and its extension lines, Marciano and G by Guess, are handled by Paul and Maurice. He is also a large benefactor to one of the larger Sephardic synagogues in Los Angeles, Em Habanim.
Early life
[edit]Paul Marciano was born around 1952 in Debdou, French Morocco to a Jewish family and raised in Marseille, France with his four siblings, Georges, Armand, Maurice and Jacqueline. His father, grandfather, and great-grandfather were rabbis.[3][4] They lived in an apartment in a synagogue complex. From ages 8–15, Paul, along with his brothers, was a member of the Éclaireurs israelites de France, a Jewish boy scout group which was located in the same complex.[5] At 15, he and a friend were involved in a motorcycle accident when they collided with an oncoming car.[6] After being told he would never walk again, he spent seven months in a wheelchair.[6] He eventually regained full use of his limbs after a year and a half, but was not re-accepted into school due to his prolonged absence. Unable to finish his education, he traveled to Israel to live in a kibbutz.[6]
Career
[edit]MGA
[edit]Marciano worked in his family's clothing company, MGA (which stood for Maurice Georges Armand), with shops in French Riviera. The Marciano brothers, Paul, Georges, Armand, and Maurice, visited Southern California during an extended leave in 1977, and developed an appreciation for the area. After political changes in France in 1981 and the rise to power of socialist François Mitterrand, the Marcianos closed MGA and moved to the United States. They also ran an MGA on Little Santa Monica in Beverly Hills in the early 1980s. The brothers soon started the world-famous clothing company Guess.[7]
Guess? Inc.
[edit]In 1981, the Marciano brothers founded Guess Jeans. In 1983, they sold a 50% stake in Guess Jeans[8] to the Nakash Brothers (Joseph "Joe" Nakash, Abraham "Avi" Nakash, and Raphael "Ralph" Nakash) of New York.[8] The joint venture soured[9] and in 1989, a California superior court jury found that the Nakashes had fraudulently lured the Marcianos into the transaction.[10] In 1990, the Nakash brothers settled for $66 million of $106 million escrowed profits and the ownership of the brand name "Gasoline" while the Marciano brothers received the brand "Diesel."[8][11] Paul Marciano first handled advertising and public relations and later became president and chief operating officer of the company in 1993.[12] In 2004, Paul and Maurice Marciano together owned close to 70 percent of the 44 million shares.[13]
In June 2018, Paul Marciano stepped down as the CEO of Guess following allegations of sexual assault by Kate Upton and four other women which were settled for $500,000. Marciano had previously been accused of sexual harassment in 2008 and 2009, after model Lindsay Ring filed a suit that stated Marciano "began to create a hostile work environment for Ms. Ring by making sexual comments to her, repeatedly touching her inappropriately and without her consent, and attempting on at least two occasions to fondle her sexually after taking her to a private area at the worksite."[14] He became Executive Chairman and remained Guess' chief creative officer.[15]
Other business activities
[edit]Along with his brother Maurice, Paul Marciano joined forces in 2013 with Steve Tisch and World Wrestling Entertainment in backing Hero Ventures, a Los Angeles entertainment start-up.[16]
Philanthropy
[edit]In 2013, the Maurice and Paul Marciano Art Foundation paid $8 million to buy the former Scottish Rite Masonic Temple on Wilshire Boulevard,[17] which the two brothers plan to turn into a private museum designed by architect Kulapat Yantrasast.[18] With 90,000 square feet (8,400 m2) over four floors, it is almost as large as the Museum of Contemporary Art, Los Angeles[19] and intended to house the Marcianos' 1,000-piece collection.[20] In order to avoid any conflicts of interest with Maurice Marciano's subsequent co-chairmanship of MOCA, the project was temporarily put on hold.[20] The museum opened in 2017. On 1 November 2019, A petition was filed with the National Labor Relations Board (NLRB) seeking to represent about 70 visitor services associates and other employees at the foundation, seeking a raise from the California minimum wage. On 7 November, all Visitor Services associates were laid off and the museum closed. Labor organizers then wrote to the NLRB, stating the foundation of "...illegally discriminated against its employees by laying off employees en masse and/or closing its facility."[21]
In 2014, Paul and his brother Maurice donated $5.2 million to the Friends of the Israel Defense Forces.[22]
Politics
[edit]Prior to 2016 Marciano donated primarily to Democratic political candidates. However, since 2016 he has stopped supporting Democrats and made over $20,000 in donations to Republican candidates including $2,700 (the maximum allowed by law) to Donald Trump.[23]
Personal life
[edit]Marciano has been married twice. His first wife was model and photographer Kymberly Marciano; they had two children Nicolai (born 1996) and Ella (born 1994) before divorcing.[24][25] In 2016, he married French model, Mareva Georges, Miss Tahiti 1990 and Miss France 1991, in Bora Bora.[26][27] They have two children, Ryan (born 2005) and Gia (born 2012)[28] and live in Los Angeles.[29] Georges works as an advocate for the protection of children and women from abuse.[29]
References
[edit]- ^ Schachter, Jim (21 January 1990). "Marciano Brothers' Time of Trial : Fashion: The four men who built Guess are a story of immigrant success. But their image has taken a severe beating amid a nasty war in the rag trade". Los Angeles Times.
- ^ Shora (2008, p. 79)
- ^ "The Dreamer". guessinc.com. Archived from the original on 16 March 2006.
- ^ Lovett, Ian (25 August 2013). "A Bigger Closet for Their Art – Maurice and Paul Marciano, of Guess Jeans, Plan a Museum". The New York Times.
The four Marciano brothers were born in Algeria and Morocco but grew up in 1950s Marseilles, France, in a devoted observant Jewish family. Their father was a rabbi, as were a grandfather, and a great-grandfather.
- ^ "The Dreamer". guessinc.com. p. 2. Archived from the original on 16 March 2006. Retrieved 19 June 2018.
- ^ a b c "The Dreamer". guessinc.com. p. 3. Archived from the original on 16 March 2006. Retrieved 19 June 2018.
- ^ ""We have found the country of our dreams"". guessinc.com. Archived from the original on 11 April 2006.
- ^ a b c Ben-Dak, Yehudit Haspel (20 February 2013). "The Nakash Bros. – small clothes shop transformed into $2 billion empire". Jewish Business News. Retrieved 6 February 2022.
- ^ Belkin, Lisa (1 May 1986). "When the Honeymoon Ended". The New York Times. Retrieved 6 February 2022.
- ^ Boyle, Matthew; Coleman-Lochner, Lauren (26 July 2012). "Whatever Happened to Jordache?". Bloomberg. Archived from the original on 28 July 2012. Retrieved 6 February 2022.
- ^ "Jordache Enterprises, Inc. History". Funding Universe. Retrieved 12 January 2013.
- ^ Cowan, Alison Leigh (4 August 1993). "Guess? Jeans Chief to Quit, Sell Off Stake". The New York Times.
- ^ Rozhon, Tracie (25 September 2004). "Guess Tries to Regain Its Fabulousness". The New York Times.
- ^ Safronova, Valeriya (12 June 2018). "Paul Marciano Will Leave Guess After Sexual Harassment Settlements". The New York Times.
- ^ Brown, Abram. "Paul Marciano To Step Down As Guess CEO in August, Names Successor". Forbes. Retrieved 18 April 2016.
- ^ Barnes, Brooks (22 August 2013). "Marvel Superheros to Start Touring Next Year". The New York Times.
- ^ Vincent, Roger (24 July 2013). "Bluejeans moguls to turn Masonic lodge in L.A. into a private museum". Los Angeles Times.
- ^ Finkel, Jori (16 September 2014). "Fourth time's a charm". The Art Newspaper. Archived from the original on 9 October 2014.
- ^ Lovett, Ian (25 August 2013). "A Bigger Closet for Their Art: Maurice and Paul Marciano, of Guess Jeans, Plan a Museum". The New York Times.
- ^ a b Knight, Christopher (12 September 2014). "Los Angeles' art world is bigger and wider". Los Angeles Times.
- ^ Moynihan, Colin (8 November 2019). "Marciano Art Foundation Is Accused of Unfair Labor Practices". The New York Times. ISSN 0362-4331. Retrieved 4 December 2019.
- ^ "Hollywood gala raises a record $33 million for IDF". Times of Israel. 8 November 2014. Retrieved 17 November 2014.
- ^ "Donor Lookup". Open Secrets. Retrieved 22 August 2019.
- ^ "Get to Know Mini Maven's Kymberly Marciano". Junior Style magazine. 14 June 2016.
- ^ "Kymberly Marciano About". kymberlymarciano.com.
- ^ "Le mariage de Mareva Georges et Paul Marciano en images" (in French). TNTV. 15 November 2016.
- ^ "Mareva Georges et Paul Marciano vont se marier à Bora Bora" (in French). Franceinfo. 25 October 2016.
- ^ Plichart, Cybèle (28 August 2015). "Mareva Georges, ambassadrice de la Polynésie française" (in French). Franceinfo.
- ^ a b ""Embrasse-moi si tu m'aimes" : Mareva Georges prend la défense des vahine" (in French). Tahiti Info. 26 January 2016.
Bibliography
[edit]- Shora, Nawar (2008). Arab-American Handbook. Seattle: Cune Press. ISBN 978-188-594-214-2.
External links
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- American fashion businesspeople
- American fashion designers
- American company founders
- American retail chief executives
- 1952 births
- Living people
- American investors
- Businesspeople from Los Angeles
- California people in fashion
- French emigrants to the United States
- French fashion designers
- French investors
- 20th-century Moroccan Jews
- Jewish fashion designers
- People from Beverly Hills, California
- People from Debdou
- Museum founders
- Philanthropists from California
- 20th-century American businesspeople
- 20th-century French businesspeople
- 21st-century American businesspeople
- 21st-century American Jews
- 20th-century American Sephardic Jews
- 21st-century American Sephardic Jews