Canada’s Bensadoun Becomes Billionaire Selling Aldo Shoes
Tanya Graber, a resident of Switzerland, researched fashion retailer Aldo on the Internet before her vacation to New York City.
“We saw these handbags and we wanted to buy these handbags,” Graber said, gesturing to the camel-colored leather model on the checkout counter at the company’s store on Lexington Avenue in Midtown Manhattan.
... The retailer has a value of $1.7 billion, according to data compiled by Bloomberg, making Aldo’s executive chairman, Aldo Bensadoun (BCom'64, LLD'12), a billionaire.
Read full article: Bloomberg, April 11, 2014