Entrepreneurs – My Most Valuable Tips

March 17, 2019

Employment

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Basic Info about Paul Marciano

Paul Marciano was born to a Jewish family in Debdou Morocco in the year 1952. Paul was raised in a family of four kids at Marseilles.He comes from a family of religious leaders. His father was a rabbi in Marseilles from the year 1954 to 1986. The siblings were all raised in a house that was located in a temple. At fifteen years, Paul had a collision with a close friend. For seven months following the accident, Paul was stuck to a wheelchair, and the doctors asserted that he would not regain his ability to walk. Luck was on Paul’s side since, after one and a half years, he regained motion and his legs were in a good state again, and he could walk; the school he attended did not take him back though. Due to these education issues, Paul changed residence and went to stay in Israel.

When Paul was seventeen years old, he moved back to Marseilles and took a job as a salesman in a jeans store. Over weekends, Paul worked with Georges and Maurice in a particular club. The brothers came up with tie designs and let Maurice manufacture them. Paul’s role was selling these ties, so he went to and from Paris for this venture. From ties they upgraded to selling blouses for women that were of the same style and color.

In the year 1977 the brothers went for a vacation in L.A, and they stayed in the Beverly hotel. When they were going back home they acquired a condominium and leased two of their stores. After three weeks George went back to L.A and stayed there with Maurice. In 1981 Paul and his brothers left France because of several reasons some of them being tax disputes with the French officials. By the time they were moving out of France Paul Marciano was the only one who could speak English because he had learned in school, but his brothers did not speak English at all.

Georges and Maurice started a company known as guess while Armand and Paul still managed retail operations of MGA which had already opened four stores in the USA. Paul, however, joined Guess the following year, where he dealt with advertising. His advertisement skills had seen results because they made sales up to six million dollars. Since guess had become popular it was approached by interested parties to partner with them. The partnership did not last for long since jorsache had falsely lured the brothers into the transaction so they split in 1990.

Paul Marciano was elected the president of Guess in 1993. Paul Marciano married Kimberly in 1994, and together they had two kids Ella and Nicolai. By 2004 Paul Marciano held 70 percent of the 44 million shares.

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