Breaking Record: Bestseller Sells for 39.8 Billion
7 Articles
7 Articles
The group behind Jack & Jones, Only and Vero Moda increases revenue by around 1.7 billion kroner. Profit before tax increases only slightly
Rich man Anders Holch Povlsen is satisfied that the clothing group Bestseller has increased its profits.
Anders Holch Povlsen's fashion giant Bestseller has raised its turnover to just under DKK 40 billion in a difficult market where the large customer group of independent shop owners is under pressure from cautious consumers, online shopping and retail chains.
The Danish clothing group Bestseller came out of its latest financial year with a profit of 4.7 billion kroner. The group wrote this in a press release on Friday afternoon. In comparison, it earned 4.6 billion the year before. - We are satisfied that we have managed to create progress again this year, says Anders Holch Poulsen, owner and CEO of Bestseller.
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