Date Posted: Tuesday 22nd September 2020
Bushell Investment Group has acquired footwear retailer ALDO UK, saving 150 jobs and creating an additional 50 roles across the business over the next 12 months. The UK arm of ALDO fell into administration in May 2020. It will now join Bushell's portfolio, which already includes highstreet hair salon brands Regis and Supercuts.
Lee Bushell, CEO at Bushell Investment Group commented: “We are incredibly excited to be part of ALDO UK’s future. The ALDO brand holds significant strength, offering high quality merchandise through its high street and ecommerce channels, and this is further supported by the passion and commitment of its workforce. For BIG, this exciting acquisition builds on our experience in the retail sector and adds further diversity yo our growing portfolio.”
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