ALDO sold GLOBO; new owners plan expansion

lapresse.ca (French)

Groupe ALDO has sold its subsidiary, GLOBO, a footwear retailer for men, women, and children. The sale allows ALDO to focus on its core brands and licensed portfolio. The sale of GLOBO, finalized on March 31st, was acquired by Benito Paquette, Steven Poirier, and Robert Guy. Paquette, the new president, aims to continue offering affordable footwear and plans to revamp GLOBO's store concepts. GLOBO, which sells brands like Crocs and Nike, operates 21 stores across Quebec, Ontario, and the Maritimes. The new owners are considering expanding the store network in the coming years.


With a significance score of 2.9, this news ranks in the top 10% of today's 26405 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


ALDO sold GLOBO; new owners plan expansion | News Minimalist