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Bestseller invests in German recycling company Matterr
Danish clothing group Bestseller unveiled a new strategic partnership with German recycling start-up Matterr on Wednesday. The group, which owns brands such as Vero Moda, Only and Jack & Jones, invested in the company through its investment arm, Invest FWD. Matterr specialises in chemical polyester waste recycling processes. It had previously...
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Line Andrea Fandrup Succeeds Thomas Børglum Jensen as Bestseller CFO
Line Andrea Fandrup as its new chief financial officer (CFO). Fandrup will assume the role on May 1, 2026, succeeding Thomas Børglum Jensen, who has been with the company for the past eight years. According to Bestseller CEO Anders Holch Povlsen, Fandrup was chosen to support the company's significant ongoing investments in sustainability,...
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Bestseller leads 20 million dollar Softwear Automation funding round
Danish fashion giant Bestseller has led a 20 million dollar Series B1 funding round for Softwear Automation, a firm dedicated to autonomous sewing technology that is currently moving towards the commercialisation of its offering. Alongside the strategic investment, which was made via Bestseller’s Invest FWD scheme, Thomas Børglum Jensen, the...
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