Logo Gator Satchel by Guess

Does anyone know what the heck happened to Guess in the last five years? This is the first bag that I have liked from them in a long time. This purse has satchel straps, buckles, metal ring accents, and is made of pink shiny mock-crock materiel. What more could we ask for? Plus it is reasonably priced at $70. Purse measures 14 x 7 x 4 inches.