Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Buyer Rescues Bankrupt Aldo UK, Saves Hundreds of Jobs

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

The U.K. operations of footwear retailer Aldo was sold to Bushell Investment Group, a move that will help save hundreds of jobs and maybe even create new ones down the road. The Birmingham-based firm acquired the footwear operation out of administration, the U.K. equivalent of a bankruptcy in the U.S. The Montreal-based Aldo filed its…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!