Bestseller

Bestseller is one of the fashion retailers’ group with a wider portfolio of brands, owner of Jack&Jones, Junarose, Jacqueline de Yong, Mamalicious, Name it, Noisy May, Only&Sons, amongst others. Bestseller began its development in 1975 founded by Troels Holch Povlsen in Denmark.

The Danish fashion retail giant wrapped up its latest fiscal year with impressive sales reaching 38.074 billion Danish kroner ($5.921 billion) and net profits of 4.579 billion kroner ($712 million).

Bestseller Ventures into the UAE Market with Inaugural Jack&Jones Store in Abu Dhabi

One of the world’s leading fashion distribution groups, known for its extensive portfolio, aims to continue its territorial expansion with announcements of two new store openings.

Bestseller Debuts Balmohk’s First Brick-and-Mortar Store in Spain

Danish retail giant Bestseller unveils its first physical store for its new brand at Salera Shopping Center, a spacious 3,500-square-feet location, with plans for further expansion in other Spanish cities such as Madrid, Zaragoza, Granada, and Vitoria.

The Danish multinational’s new project is the first to be developed and launched outside its headquarters. From Spain and with its own team, the new brand aimed at a young public wants to open 500 stores in five years.

Bestseller Takes Stake in Germany’s Matterr, a Recycled Polyester Innovator

The Danish company, keeping the specifics of the investment under wraps, is optimistic that the funds will drive the German company’s aim to launch a small-scale plant by 2026.

Bestseller Strengthens Executive Team with New CFO Appointment

Stepping into the role in 2026, Line Andrea Fandrup aims to harmonize financial operations with the growth and sustainability goals of the Danish conglomerate, following Thomas Børglum Jensen’s eight-year leadership.

The Danish conglomerate steps into the future of fashion with an investment in Softwear Automation, the American firm spearheading automated garment production, alongside group investors.

Known for his understated approach, Bestseller’s Danish founder Troels Holch Povlsen, despite his wealth, is said to cherish humble traditions and the value of small things.

Balmohk, the latest offering from Bestseller, is poised to redefine youth fashion with its strategic launch in Spain. Aimed at bridging digital innovation with high street appeal, the brand plans to open 500 stores in five years.

Troels Holch Povlsen and Merete Bech Povlsen founded Bestseller in 1975 as a modest shop in Denmark. When their son took the reins at just 28, he propelled the company into the international fashion powerhouse it is today.

The Danish fashion company finished its fiscal year with a revenue of 3.5 billion euros. The company says it should put a greater focus on its retail and online business.

The Danish fashion group, investor of the British ecommerce group through its business unit Aktieselskabet, intends to divest about two million shares through a placement brokered by Numis Securities.

The Irish low cost retailer revenues went up 7% at constant change rates, while like-for-like sales registered a better evolution than in first year half due to better trade in the Eurozone, said the group.

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