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BusinessFeatured

Bestseller launches new sustainability strategy

Danish fashion group Bestseller, which includes Vero Moda, Jack and Jones, Only and Noisy May, has unveiled what it is calling an “ambitious” new strategy that will make sustainability “central to its way of doing business”. The ‘Fashion Fwd’ strategy is part of Bestseller’s plan to “transform the fashion industry for a sustainable reality” and...

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Fashion

Fashion for Good joins forces with Bestseller

Bestseller, the international fashion company with more than 20 brands in its portfolio including Vero Moda and Jack and Jones, has announced that it is partnering with innovative platform Fashion for Good to help bring “game-changing” circular innovation to supply chains. The partnership coincides with the launch of Bestseller’s Fashion FWD, a...

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Report

Bestseller reports 14.9 percent profit growth in FY17-18

Family-owned fashion company Bestseller having almost 20 brands such as Jack & Jones, Only, Vero Moda under its fold said in its annual report that net turnover for the year reached 3.3 billion euros, representing an increase of 3.3 percent and a result before tax of 387 million euros, a rise of 14.9 percent. “We are happy with this year’s...

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Fashion

Bestseller to launch new label: Selected People

Bestseller, the Danish company which owns more than 20 fashion brands, including Only, Jack & Jones and Vero Moda, is adding one more brand to its portfolio: Selected People, to be launched on August 10. Set to feature both menswear and womenswear, Select People’s style will offer “a unique combination of Scandinavian and Asian influences, along...

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Business

Bestseller invests in German fashion retailer About You

Heartland A/S, the investment company owned by Besteller A/S, has acquired a double-digit stake in the German e-commerce platform About You GmbH. The investment is part of a financing round of around 300 million US dollars (approximately 230 million pounds or 227 million euros). About You was founded in 2014 as a subsidiary of Otto Group, the...

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BusinessFeatured

Sustainability is good for business​​ in the fashion industry

London - Everyone knows that sustainable and social practices are better for the environment and workers - but as it turns out, sustainability is also good business for the fashion industry, according to a new report. 75 percent of the industry’s global fashion companies improved their environmental and social performance over the past year, a...

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Management

French Connection sells majority stake in Toast to Bestseller

London - French Connection Group PLC has sold its majority stake in fashion and homeware label Toast Limited, together with the stake held by the brand's founders, to Danish fashion group Bestseller United for 23.3 million pounds. The deal sees Jamies and Jessica Seaton, founders of womenswear and accessories retailer, sell their 25 percent...

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Fashion Featured

Jack & Jones to launch most sustainable jeans to date

London - Jack & Jones, the menswear retailer owned by Bestseller, is set to launch its most sustainable jeans to date. The brand's ongoing commitment to protect the environment has led to the creation of the new Low Impact Denim collection, which sees Jack & Jones take a new holistic approach to its production processes. The new approach covers...

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Business

Kering, H&M, Bestseller & more CEOs to tackle 7 crucial sustainable priorities

London - A group consisting of the Chief Executive Officers from Kering, H&M, Bestseller, Target and more have agreed to join forces to tackle seven key areas of sustainability under the new CEO Agenda 2018 from the non-profit organization the Global Fashion Agenda. This marks the first time that such a collaborative effort has been undertaken...

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Fashion

Bestseller unveils ‘action points’ on textile waste

Bestseller, which markets brands including Vero Moda, Jack and Jones and Noisy May, has unveiled its strategic ‘action points’ on post-consumer textile waste as part of the Global Fashion Agenda’s Call to Action announced in early 2017. The Danish fashion group has announced three strategic ‘action points’ to help it accelerate its transition to...

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Report

Bestseller CEO bullish despite lower sales growth

In the past financial year, Bestseller said that the company experienced a lower than expected turnover growth of 3 percent, while a 23 percent increase on the bottom line showed an overall positive trends in the company. The company posted a net turnover of 3.15 billion euros (3.76 billion dollars) and a result before tax of 337 million euros...

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Video

Video: Vero Moda FW17 campaign

Vero Moda collection Fall/Winter 2017 campaign. Source: VERO MODA Official, YouTube

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