Guess? (GES) delivers a parting shot against Gucci over a three-year lawsuit that ended up with...

|About: Guess? Inc. (GES)|By:, SA News Editor

Guess? (GES) delivers a parting shot against Gucci over a three-year lawsuit that ended up with a small award of $2.5M against it over licensing issues, saying the whole affair could have been settled with a single letter or phone call. The suit asked for damages of over $100M, tripled, on the premise that Gucci's designs were intentionally copied by Guess? to boost sales.