×
45 106
Fashion Jobs
BATH & BODY WORKS
Senior Merchandise Planner
Permanent · Reynoldsburg
BATH & BODY WORKS
Talent Acquisition Manager - Logistics - Bath & Body Works - Columbus, oh
Permanent · Reynoldsburg
VICTORIA'S SECRET
Manager, Marketing Operations
Permanent · New York
VICTORIA'S SECRET
Brand Operations Manager-Southridge vs
Permanent · Greendale
FOSSIL
Connected Devices - Senior Product Manager
Permanent · San Mateo
GUESS
Distribution Supervisor
Permanent · Louisville
GUESS
Divisional Merchandise Manager
Permanent · Los Angeles
JCPENNEY
Incident Manager - Business Analyst 2
Permanent · Plano
JCPENNEY
Security Engineer 2 - IT Security & Compliance
Permanent · Plano
JCPENNEY
Senior Technical Project Manager - Stores Pos Delivery
Permanent · Plano
JCPENNEY
Product Analyst - Enterprise Fulfillment & Order Management
Permanent · Plano
FOOT LOCKER
IT End-User Support Specialist
Permanent · Bradenton
FOOT LOCKER
Manager, Visual Experience, Ftl/Lfl/Kfl
Permanent · New York
FOOT LOCKER
Inventory Control Specialist
Permanent · Camp Hill
NEIMAN MARCUS
Business Manager, Chanel - Westchester
Permanent · White Plains
NEIMAN MARCUS
Senior Manager, Group Sales Experience - Bal Harbour
Permanent · Bal Harbour
NEIMAN MARCUS
Senior Manager, Group Sales - Ala Moana
Permanent · Honolulu
NEIMAN MARCUS
Manager, Brand Experience/PR/ Events - Tysons Galleria
Permanent · McLean
NEIMAN MARCUS
Loss Prevention Investigator
Permanent · Denver
NEIMAN MARCUS
sr. Product Manager – Ecommerce Shopping Experience
Permanent · Irving
BLOOMINGDALE'S
Manager, Operations - Chanel
Permanent · New York
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time: Riverhead
Permanent · Riverhead
Published
May 18, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Aldo exits Ireland amid global restructure

Published
May 18, 2020

Montreal-based footwear retailer Aldo has stopped shipping orders to Ireland and closed its e-commerce site there amid plans to wind down the Irish business.


Aldo


It comes after the shoe chain filed for creditor protection in Canada, the US and Switzerland.

The Irish operation consisted of four stores in Dublin, including one at Dundrum Town Centre, as well as an e-commerce arm. But the Covid-19 crisis, coupled with a decline in spending, left the business struggling.

A creditors meeting will be held via Zoom on May 22, where it is proposed that Damien Murran of RSM Ireland will be appointed liquidator, reported The Times.

“This decision was necessary based on the impact of the Covid-19 pandemic, as well as profitability challenges and the unprecedented collapse in retail spending,” a spokesman said.

“These factors put too much pressure on the business.” 

The Irish business made revenues of €5.3m in the year to January 27, 2018, but pre-tax losses totalled nearly €260,000.

Aldo joins a list of fashion retailers appointing liquidators in Ireland in recent weeks as the financial toll of the coronavirus crisis continues to escalate. Debenhams, Laura Ashley, Oasis and Warehouse are some of the clothing brands which have recently closed their Irish stores.

Copyright © 2021 FashionNetwork.com All rights reserved.