Bestseller news and archive

Fashion for Good launches new initiative to drive brand-driven decarbonisation

Fashion for Good has launched the Mass Balance Demonstrator, a new collaborative industry initiative to implement and scale a chain-of-custody system that traces biomass-based PET through textile supply chains. The project is part of the global innovation platform's broader goal of accelerating decarbonisation across the apparel sector. Today,...

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Topshop fuels European rollout with Bestseller and Wehkamp partnerships

Topshop is accelerating its relaunch in Europe through a new partnership with Danish fashion giant Bestseller and a rollout into Wehkamp, a multibrand retailer in the Netherlands. The two deals intend to serve Topshop’s wider purpose of strengthening its global presence, building on a similar approach the brand has already undertaken in specific...

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8 Questions about Hypedrop: Bestseller's new innovative wholesale brand

Danish fashion group Bestseller is introducing a new brand specifically for wholesale: Hypedrop. The brand has an innovative setup, with a small weekly drop of 10 to 15 items that retailers can purchase within a 72-hour window. The ordering window then closes, and the items are delivered within six weeks. This provides retailers with a quick way...

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Bestseller launches new wholesale brand Hypedrop: weekly drops available for purchase, delivered within six weeks

Danish fashion group Bestseller is introducing a new brand specifically for wholesale. The brand, Hypedrop, “continuously listens to the market and translates demand directly into curated weekly product drops,” according to the press release. Hypedrop's collection is created using data analysis, digital design and AI-supported decision-making....

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Bestseller owner snaps up majority stake in Drake’s

Anders Holch Povlsen, the owner of Danish fashion giant Bestseller Group and the largest shareholder of e-commerce retailer Asos, has snapped up a majority stake in British menswear brand Drake’s. New Companies House filings have revealed that a 75 percent stake in Drake’s has been transferred to 28.10.2025 Limited, a firm overseen by Povlsen....

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Bestseller and John Lewis among Circulose’s latest partners

Recycled textile manufacturer Circulose has announced a slew of new partners as it continues to push forward with its renewed strategic direction focused on securing long-term commitments from brands. The latest additions include Bestseller, John Lewis, C&A, Filippa K, Reformation, Faherty, Bobo Choses and Zero. Their commitment comes on the...

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Bestseller Group boosts annual turnover and profit for 50th anniversary

Danish clothing retailer Bestseller A/S can look back on a successful financial year for its 50th anniversary. “This was a special year for us. We are celebrating a milestone that none of us could have imagined when the first shop was opened in 1975,” explained owner and CEO Anders Holch Povlsen in a statement on the announcement of the latest...

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Bestseller denies ‘damaging’ child labour allegations

Danish fashion giant Bestseller – the parent company of Jacks&Jones, Vero Moda and Only – has denied claims made against it by broadcaster TV 2 alleging evidence of child labour among its supply chain. In a public statement, Bestseller specifically referenced two documentary episodes aired by the Danish media firm via TV 2 and TV 2 Play which...

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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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Bestseller: Only brand chief Finn Poulsen steps down

The chief executive officer of Only, Finn Poulsen, has stepped down from the helm of the Danish womenswear brand. Effective August 1, Søren Hedensted will take over as brand director, Only announced on Friday on the career network, LinkedIn. He will be supported by deputy director, Heidi Langager. Hedensted has worked for Only for more than...