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Bestseller increases annual turnover but profit drops
In the financial year 2022/23, Bestseller managed to increase its turnover by 5 percent to 5,973 million euros, while the result before tax totalled 664 million euros, 19 percent lower than last year. The Danish fashion company having 20 brands including Jack & Jones, Vero Moda and Only under its portfolio said in a statement that the overall...
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Bestseller expects challenging year ahead
Following record growth in 2021-22, Bestseller expects more challenging market conditions in the coming year. The company said in a statement that while Bestseller achieved remarkable results in the past two financial years, recent months – and the global economic and geopolitical situation indicate the current year will be more challenging. “...
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C&A partners up with Bestseller in Europe
Looking to expand its product offering, Dutch fast fashion retailer C&A has partnered up with Danish apparel group Bestseller to sell the brand Only in ten C&A stores in Central and Eastern Europe. The shop-in-shops, which will occupy an area of 40 square meters, will soon debut in two C&A stores in Austria, four in Poland and four in the Czech...
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