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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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Business

Bestseller offers “early and immediate” payments to suppliers

Danish fashion group Bestseller is immediately releasing payments on current orders to its suppliers, as well as implementing early payments until October, to ensure its suppliers' cash flow and help them through the coronavirus crisis. In a statement, Bestseller said: “Over the past four months, we have all faced significant challenges and...

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