Aldo UK, a well-known brand for shoes and accessories, has recently been acquired by Bushell Investment Group (BIG). The sale of the trade and assets of Aldo UK was supported by the parent company, Aldo Group, ensuring the brand’s continued presence and growth in the UK market. This acquisition comes after Aldo Group filed for creditor protection in Canada, the US, and Switzerland and exited its Irish business earlier this year.

BIG’s owner, Lee Bushell, expressed his enthusiasm for the acquisition and sees great potential in developing the globally recognized Aldo brand in the UK. This move aligns with BIG’s previous investments in the retail industry and demonstrates their confidence in the future of traditional retailers.

Damian Webb, partner at RSM Restructuring Advisory, commented on the deal, stating that it signifies a positive outlook for traditional retailers. Despite the challenging trading conditions, successful outcomes can be achieved when all parties work closely with their stakeholders.

As the owner of hair salon chains Regis and Supercuts, as well as Guardian Warehousing, BIG now adds Aldo UK to its portfolio. With their experience and expertise in the retail industry, BIG is well-positioned to drive the growth and success of the Aldo brand in the UK market.

The acquisition of Aldo UK by Bushell Investment Group not only ensures the continuation of the iconic brand in the UK but also presents new opportunities for growth and development in the fashion retail sector. With consumers’ ongoing demand for stylish and high-quality footwear and accessories, Aldo UK, under the ownership of BIG, is poised to meet these demands and thrive in the competitive market.

Useful links:
Aldo UK Official Website
Bushell Investment Group Official Website