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Alex Rodriguez and Jennifer Lopez at the Guess spring 2018 campaign party.

Alex Rodriguez and Jennifer Lopez at the Guess spring 2018 campaign party. (Rachel Murray / Getty Images)

Less than two hours after model Kate Upton took to Instagram to accuse Guess co-founder Paul Marciano of using “his power in the industry to sexually and emotionally harass women,” the fashion mogul was hosting a flashy party at his company’s downtown Los Angeles headquarters Wednesday night in honor of Jennifer Lopez, the star of Guess’ new spring 2018 campaign.

By Thursday afternoon, shares of Guess stock had dropped more than 17% and a defiant Marciano was denying Upton’s allegations, which began with a Wednesday afternoon tweet that said, “It’s disappointing that such an iconic women’s brand Guess is still empowering Paul Marciano as their creative director. #metoo.” The Instagram post followed.

Marciano told TMZ that he had never touched Upton, who was the face of Guess in 2010 and 2011, and that he’d never been alone in a room with her.



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