Aldo Files For Creditor Protection Amid ‘Pressure’ From COVID-19 Shutdowns

Aldo Group Inc. says it is filing for creditor protection, stating that it plans to restructure the business as it reels from the hit brought on by COVID-19.

The Montreal-based footwear retailer says e-commerce at its three main brands ― Aldo, Call It Spring and Globo ― will continue and it plans to reopen some storefronts when able to under local guidelines for each location

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