Aldo Bensadoun (2024)

About Aldo Bensadoun

  • Aldo Bensadoun is the founder of Canadian retailer ALDO, best known for its footwear and accessories.
  • The son of a shoe merchant and grandson of a cobbler, Bensadoun was born in Morocco and spent most of his childhood in France.
  • Upon moving to Montreal for college, he opened ALDO as a concession within a chain of popular fashion boutiques in 1972.
  • His son, David, who is now the CEO, joined the company in 1996 and became the fourth generation of his family to work in the shoe business.
  • ALDO pulled in an estimated $1.5 billion in sales in 2019 and has more than 3,000 stores across the world.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

#1851

Billionaires (2020)Dropped off in 2021

Personal Stats

Age84

Source of Wealthshoes, Self Made

ResidenceMontreal, Canada

CitizenshipCanada

Marital StatusMarried

Children3

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Aldo Bensadoun (2024)

FAQs

What is Aldo's slogan? ›

Live The Dream, Dress The Part.

Is ALDO an Israeli brand? ›

The ALDO Group branded and stylised as ALDO, is a Canadian multinational premium retailer specializing in shoes and accessories, established in 1972 in Montreal, Quebec. The company was founded by Aldo Bensadoun and its corporate headquarters are based in the Saint-Laurent, Quebec.

What is ALDO known for? ›

ALDO specializes in the creation of high-quality fashion footwear, leather goods and accessories.

Who is ALDO owned by? ›

Canadian businessman Aldo Bensadoun is the founder of Aldo Group, a Montréal-based footwear and accessories design and manufacturing group that has expanded to over 1,600 stores in 80 countries since its founding over 40 years ago. Moroccan-born Bensadoun has shoemaking in his blood.

What is Aldo's mission statement? ›

The ALDO Group's mission is to consistently provide a total customer experience through our people, products and environments and to ensure an enjoyable and memorable shopping experience for every customer.

Is Aldo part of Gucci? ›

In 1989, a year before his death, Aldo sold his Gucci shares to Investcorp. That same year, Maurizio was made chairman of the Gucci group following a nearly six-year legal battle for control over Gucci. Maurizio did not have a background in business, and the business was in a dire economic and creative strait by 1993.

Is ALDO closing down? ›

The Aldo Group has announced that it has “successfully” completed its restructuring process, a move it initiated in May 2020 when it filed for bankruptcy protection. The Canadian footwear retail chain joined a number of retailers hit by the effects of the pandemic and its resulting store closures.

Is ALDO a good brand? ›

Aldo is one of the popular footwear brands in India. There is a wide range of Aldo shoes that are available online. This article will help you in choosing the perfect one for you. Casual shoes have a lot of designs and come in vibrant and funky colors.

What brands does ALDO own? ›

Today, after more than 50 years in the industry, we are one of the world's leading fashion retailers operating under three signature brands: Aldo, Call It Spring and GLOBO.

What was ALDO founder nickname? ›

Some people live for shoes (and if you're one of them, we salute you). But our founder, Mr. B., lives for something a little different. Ever since his eponymous line of shoes made its debut, he was determined to create a new kind of business.

What are some fun facts about ALDO? ›

The brand we know today was founded in 1972 by Aldo Bensadoun, who was the son of a shoe merchant and the grandson of a cobbler. The apple didn't fall too far from the tree, meaning that Bensadoun was bit by the same shoe bug his father and his father's father before him had been.

Do celebrities wear ALDO? ›

The Rare Beauty founder joins a growing list of celebs, including Addison Rae, who have been spotted wearing Aldo — making them not just a trendy brand, but celebrity-approved.

Is Aldo an American brand? ›

ALDO Shoes is established as a footwear concession inside a popular Montreal based clothing retailer. The original company includes four leased concessions in Montreal, Ottawa, Quebec City and Winnipeg.

Why is Aldo closing? ›

Its Canadian parent firm, Aldo Group, drafted in administrators at insolvency specialists RSM. At the time, the shoe retailer said it was "necessary" to place the UK arm of its business into administration due to the impact of the Covid-19 Pandemic. The move resulted in the permanent closure of five Aldo stores.

Is there Aldo in the USA? ›

Yes, you may order from our website with an associate in any one of our stores. Visit our Store Locator to find the ALDO closest to you.

What is the slogan of Tommy Hilfiger? ›

Style is how you. put yourself together. #TommyHilfiger's iconic tagline.

What is Aldo unique selling proposition? ›

Our consumers need to know ALDO's unique selling proposition: style and comfort. We offer a wide range of styles with comfort technologies at an accessible price.

What is the slogan of Calvin Klein? ›

After launching in 2022, Calvin Klein's spring 2023 campaign continued the Calvins or Nothing theme.

What is the Puma slogan? ›

To keep their performance true to our mantra: FOREVER. FASTER.

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