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.