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Aldo Group

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Market Research Report: The ALDO Group



Company Overview



  • Name: The ALDO Group Inc.

  • Mission: To create a human brand built around ethics, compassion, and a deep understanding of the customer, aiming to become the best shoe retailer in the world.

  • Founder: Aldo Bensadoun, son of a shoe merchant and grandson of a cobbler.

  • Year Founded: Almost five decades ago, precise year not mentioned.

  • Key People:

  • CEO: David Bensadoun (appointed Chief Executive Officer in April 2017).

  • Headquarters: Montreal, Quebec, Canada.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: The ALDO Group is known for being a leading fashion retailer and wholesaler, specializing in mid-price, quality fashion footwear, handbags, and accessories. It operates under three signature brands: Aldo, Call It Spring, and GLOBO, with over 1500 points of sale in more than 100 countries.


Products



  • ALDO:

  • Focused on quality fashion footwear and accessories.

  • Known for playful style and boosting self-confidence.


  • Call It Spring:

  • Offers trendy, 100% vegan shoes, handbags, and accessories.

  • Targets a young audience with on-trend products suitable for all occasions.


  • GLOBO:

  • Provides a wide array of popular brands for the entire family.

  • Known for practical store design and value-driven shopping, earning customer trust, particularly in Canada.


Recent Developments



  • New Store Opening:

  • A new ALDO store opened at the Royalmount Mega-Mall in Montreal as of September 5, 2024.


  • Partnerships:

  • _Hunter Bags and Small Leather Goods_: Partnership with Authentic Brands Group for design, production, and distribution in the U.S. and Canada.

  • _Sperry_: New licensing agreement with Authentic Brands Group for Sperry's North American operations in wholesale, e-commerce, and store operations.

  • _ROXY Footwear_: Expanded partnership with Authentic Brands Group to include the design, production, and distribution of ROXY footwear.

  • _Brooks Brothers Brand_: Partnership to launch expanded men's footwear and small leather goods.

  • _Ted Baker Footwear & Handbags_: Signing of a long-term licensing agreement to handle footwear, handbags, and small leather goods.


  • Restructuring:

  • Successfully completed restructuring initiated in May 2020 due to the COVID-19 pandemic. The company exited the restructuring process as of July 14, 2022, marking a new chapter for the group.


Other Notable Information



  • Corporate Social Responsibility (CSR):

  • The ALDO Group is committed to sustainable fashion, focusing on environmental responsibility, ethical sourcing, and making a positive impact on communities.


No further information is available regarding specific new features added to existing products, new product launches, or the detailed number of employees and revenue figures.