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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Abercrombie Hires Kohl’s Crevoiserat as CFO Amid Investor Fight

Abercrombie & Fitch Spring/Summer 2014 | Source: Abercrombie & Fitch

NEW YORK, United States — Abercrombie & Fitch Co., the teen retailer that’s been under pressure from activist investors to shake up management, hired Kohl’s Corp. executive Joanne C. Crevoiserat to be chief financial officer.

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Julie Gilhart on Conscious Consumerism

Julie Gilhart | Photo: Matthew Stone for Ever Manifesto

Courtesy of Alexia Niedzielski and Elizabeth von Guttman at Ever Manifesto, a publication conceived with a mission to raise collective consciousness around issues of sustainability, we bring you an exclusive interview with fashion consultant Julie Gilhart on why sustainability matters and why conscious consumerism will define the future of fashion retail.

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Collaborations with Costume Designers Continue to Grow

Banana Republic Mad Men Collection S/S 2013 | Source: Banana Republic

What was once a little-celebrated job — outfitting the characters that grace TV and film screens — is now the source of significant business opportunities for fashion brands, studios and networks, and the costume designers themselves.

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Estée Lauder Poised to Shop Again After Deal Drought

Estée Lauder Pure Colour Campaign | Source: Estée Lauder

NEW YORK, United States —The $27 billion cosmetics giant is on the verge of its longest stretch without a purchase in at least 19 years, according to data compiled by Bloomberg. The New York-based company hasn’t announced any acquisitions since Smashbox Beauty Cosmetics Inc. in May 2010.

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