Spain’s Puig Sets IPO Price Guidance at Top of Range
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
Aldo Bensadoun
Aldo Group: In the Company of Kindness
On a trip to the Canadian city of Montréal, Aldo Bensadoun found himself fascinated by the city and its progressive, free spirited culture. The
Footwear Retailer Aldo Explores Bankruptcy Protection
It is the latest retailer to file for bankruptcy protection since measures to fight the pandemic put much of the world into lockdown.
McGill University Opens Bensadoun School of Retail Management
The new school aims to address shifts in the retail landscape and consumer behaviour, from digital disruption and the rise of e-commerce to the coming of age of the millennial generation.
Aldo Bensadoun, Céline Dion Honored at Canadian Arts & Fashion Awards
The Aldo chairman and entertainer were among the winners at the CAFA’s annual awards presentation in Toronto.
Aldo Group Calls Off Camuto Group Acquisition
The Canadian footwear giant Aldo said both parties mutually decided not to pursue the transaction announced in August.
This Week on BoF Careers: Aldo Group, Leon Max, Meng
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
Aldo: In the Company of Kindness
BoF sits down with Douglas Bensadoun, to find out how the Aldo Group maintains its founding principles of love, integrity and respect for all, while operating just under 2000 stores in 90 countries.
News & Analysis
Pop Quiz | Manolo Blahnik, Alexander Wang, Australia Fashion Week
How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Manolo Blahnik, Alexander Wang, Australia Fashion Week, and more.
Pop Quiz | Manolo Blahnik, Alexander Wang, Australia Fashion Week
How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Manolo Blahnik, Alexander Wang, Australia Fashion Week, and more.
How Aldo Bensadoun Became a Billionaire
NEW YORK, United States — Tanya Graber, a resident of Switzerland, researched fashion retailer Aldo on the Internet before her vacation to New York
Week in Review | Top 10 Fashion Films, Celebrating Aldo Bensadoun, Nickelson Wooster in Profile
Top 10 Fashion Films of the Season (Fashion 2.0) "Amongst the current crop of fashion films, a number of breakthrough videos employed inexpensive but
Company Snapshot
The Canadian footwear mogul founded his vertically integrated shoe company 40 years ago; it now turns over almost $2 billion a year.
The News in Brief
L’Occitane’s Billionaire Owner Close to Possible $7 Billion Buyout Bid
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.