The Canadian subsidiary of US apparel and footwear retailer Genesco has acquired the 37-store Little Burgundy retail footwear chain from Aldo Group.

The deal, financial details of which were not disclosed, will see Genesco retain Little Burgundy's head office and store-level employees following completion of the acquisition.

Margaret Thouez, who currently leads the Little Burgundy division in Montreal, will continue in that role as senior vice president, general merchandise manager, reporting to James Estepa, CEO of Genesco's Journeys Group.

“We are excited by the prospect of adding Little Burgundy to our portfolio of retail banners,” said Genesco CEO Robert Dennis. “In addition to giving us access to a broader customer base than we are currently targeting in Canada, and one that is being well served by Little Burgundy in stores and on-line, the acquisition will add scale to our existing Canadian omni-channel operations."