How Aldo Bensadoun Became a Billionaire

Aldo Bensadoun | Source: Courtesy

NEW YORK, United States — Aldo Bensadoun, who founded the Aldo Group in 1972 selling wooden clogs in Canada, is the sole owner of the Aldo Group’s two shareholding entities. The retailer now has a value of $1.7 billion, according to data compiled by Bloomberg, making Aldo’s executive chairman, Bensadoun, a billionaire.

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CEO Talk | Aldo Bensadoun, Founder and Executive Chairman, Aldo Group

Aldo Bensadoun in the atrium of Aldo's Montreal Headquarters | Photo: Courtesy of Aldo Group

MONTRÉAL, Canada — Right at the heart of shoes and accessories giant Aldo’s sprawling, one million square foot global campus-cum-headquarters in suburban Montréal is an olive tree — not a common sight in a city with a climate that swings between frigid winters and hot, humid summers. “I like planting trees. I plant an awful lot of trees,” explains Aldo Bensadoun, who founded his namesake business 40 years ago, this year. “I find

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Aldo’s global footprint, Vera’s high and low, Being Lululemon, Tom Ford’s secret, Formichetti confirmed at Mugler

Aldo's global footprint (Globe and Mail) "Canadian shoppers are familiar with Aldo shoes. But few realize that this Montreal-based retailer has quietly built an empire that spans 1,500 stores in 55 countries." Vera Wang's Idea of Empire: Marry High, Low, In Between (WSJ) "Ms. Wang... is pursuing a three-tiered retail strategy of selling through luxury, midpriced and discount stores. A growing number of designers... are trying to deploy similar strategies as economic worries linger." Lululemon Grows Fast on a Slim Budget (WSJ) "Lululemon belongs to an emerging class of retailers focused primarily on designing, making and selling athletic wear to women—and grabbing growing shares of the estimated $15 billion market for women's fitness attire." Tom Ford’s Very Small, Glamorous Show…

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