KohlвЂ™s Corporation announced the signing of a multi-year service agreement and world-class partnership with Aldo IntвЂ™l, who will design and produce exclusive footwear products to be sold at KohlвЂ™s and Kohls.com under select private and exclusive brands. A first of its kind for both KohlвЂ™s and Aldo IntвЂ™l, the agreement encompasses a range of footwear products for women and men, including fashion shoes in a variety of styles such as dress and casual. The Aldo IntвЂ™l-designed products will be available in all KohlвЂ™s stores and Kohls.com beginning Spring 2011.
For KohlвЂ™s, the partnership with Aldo IntвЂ™l continues to build on its successful private and exclusive brand strategy, which accounted for 47 percent of sales in the first quarter of 2010, up significantly from 2009. Footwear continues to be a key growth area and one of the strongest performing categories for the company, and has outpaced performance plans for the past year.
вЂњKohlвЂ™s is incredibly excited to announce this unique collaboration with Aldo, who is globally respected for its design expertise and leadership in the footwear industry,вЂќ said Don Brennan, senior executive vice president at KohlвЂ™s Department Stores. вЂњBringing this level of design to our exclusive and private brand portfolio in footwear allows us to increase the value proposition to our customer and delivers on our commitment to offer world-class partnerships in each category.вЂќ
вЂњAldo is very proud to partner with KohlвЂ™s on this exciting initiative. We look forward to helping KohlвЂ™s make their exclusive and private brand offerings even stronger by providing exciting, on trend styling at a great value,вЂќ said David Bensadoun, group vice president, Aldo Group Retail.
As part of the agreement, Aldo IntвЂ™l will be responsible for the design and production and will have a dedicated design team on the business. KohlвЂ™s will collaborate on the design process. Sold under select private and exclusive brands, the footwear will include fashion-based styles exclusive to KohlвЂ™s.
Aldo Group International is a company focused on fashion footwear and accessories, with operations in more than 50 countries around the world.