Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Aldo to buy US brand house

Footwear retailer Aldo Group has agreed to buy Camuto Group’s footwear and accessories businesses for an undisclosed sum.


US company Camuto owns brands including Vince Camuto, Jessica Simpson Clothing and ED (Ellen DeGeneres’s lifestyle brand). It also produces private-label clothing for retailers including AllSaints, J Crew and Kurt Geiger.

The Camuto family will continue to own and operate the clothing businesses. Camuto CEO Alex Del Cielo will remain in his role and will report to the Aldo chief executive David Bensadoun.

Aldo said the deal will “significantly increase” both companies’ capabilities and reach, as well as their ability to offer a wider selection of footwear, handbags and accessories.

Bensadoun said: “Both of our companies are heavily product oriented, and they each evolved in different ways. While the Aldo Group comes from retail and has focused on international expansion, Camuto Group is an expert in wholesale and a powerful player in the US market.

“A huge part of our attraction to the Camuto Group is an understanding of their design skills, excellent distribution network, and sourcing capabilities. We also believe the Aldo Group’s broad international and cross-channel experience will unlock Camuto Group’s global potential.”

Del Cielo added: “Camuto Group and the Aldo Group share the same ethics, values and approach to business. We are strongly committed to our people, our partners, our customers and our product.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.