After further sleuthing, we learned that Alo has been in the market for capital with a $10 B valuation since 2023, which sounds way high. The concept is impressive and very sound before the arrival of Petruzzo, who will be a big help in raising capital and instituting sound financial management systems and international marketing rules.
As much as AOC LOVES this concept, there are flags on the field in China.
Jing Daily reports that Alo will probably face challenges in the China market, as it prepares to open stores in Shanghai and Beijing. JD writes that “years of rampant counterfeiting” have already shaped how Chinese customers view the brand. Those perceptions will impact what customers are willing to pay for product.
There are tariff-related risk limitations, as well.. With most of its manufacturing done in China, there is an major risk introduced by President Trump’s volatile and deeply personal approach to tariffs, inflamed with added volatility by US relations with China.
