ALDO news and archive

Inventory optimization startup Celect raises 15 million in Series C funding

The Boston-based predictive analytics and inventory optimization startup serving the likes of Neiman Marcus, Polo, ALDO Group and Urban Outfitters announced Sunday it has secured 15 million dollars in the funding round of Series C. The round was led by the NGP Ventures Capital, and some of the existing investors Fung Capital, with the...

Report

Kurt Geiger to manage Aldo’s UK concessions

Canadian footwear group Aldo has signed a five-year partnership agreement with Kurt Geiger for the British footwear retailer to handle the running of its concessions in the UK and Ireland. From this month, Kurt Geiger will operate all of Aldo’s department store corners and plans to implement an “ambitious” strategy to expand the brand in the UK,...

Fashion Featured

Aldo transitions into a digitally-centric brand with new online presence

Shoewear brand Aldo has just entered the last phase of its digital transformation for its e-commerce platform. Raising the bar with a new in-store and mobile channel, Aldo has upgraded its online presence. The new responsive website includes various changes in order to help push strong momentum with mobile transactions. The site, brought to life...

People

Aldo names new chief executive

Footwear brand Aldo has named David Bensadoun, the eldest son of the company’s founder Aldo Bensadoun, as its new chief executive officer, effective April 3. The move comes as Patrik Frisk, who has even with Aldo since 2014 steps down from the role. In addition, Aldo Bensadoun confirms that he is stepping down as chairman, naming Jurgen...

Retail

Aldo opening shop-in-shop in Selfridges

Canadian footwear and accessories retailer Aldo is opening a premium shop-in-shop concession in Selfridges Birmingham, as it continues to expand its presence within the UK. This opening marks Aldo’s 24th brick-and-mortar store in the country and will showcase the brand’s women’s footwear and handbag collections, while online at Selfridges.com a...

Apparel

Patrik Frisk exits VF Corp. for CEO role at Aldo Group

Patrik Frisk, former Coalition President for VF Corporation Outdoor Americas division is set to exit the company to become Chief Executive Officer of footwear retailer Aldo Group. Frisk is set to succeed Aldo's current CEO, Rejean Dionne, who will retire from the company next month. “After over 10 wonderful years at VF Corporation, I have...

Apparel

Roksanda Ilincic joins Aldo Rise line-up

London Fashion Week designer Roksanda Ilincic, who is showing her spring/summer 2013 collection today, is the latest designer to join the Aldo Rise initiative from footwear retailer Aldo. The British-based designer joins Preen as one of the two fashion labels that Aldo is supporting for the spring/summer 2013 season in London Fashion Week, and...