The owner of brands including Cortefiel and Pedro del Hierro saw its income before taxes rise to 8.7 million euros and managed to slow the decline in its sales, which fell 23.6% to 260.3 million euros.
Danish fashion giant Bestseller's results for the 2019/20 year were better than expected, despite “massive challenges” this spring. But it said that it will need "significant hard work to get back to where we were".
Fashion giant Bestseller has named Niels Christian Jung as its new Communication Manager. The journalist and documentary filmmaker will join on October 1 and will report directly to company chief Anders Holch Povlsen.
Vero Moda and Jack & Jones owner Bestseller has said that it made “an unexpected profit” in the latest year, despite the pandemic. The better-than-expected outcome means it will avoid its first-ever annual loss.
Bestseller said it has ended printed NOOS (‘never out of stock’) B2B catalogues for Vero Moda with the label “having gone ‘all in’ on their digital transformation. A shift that benefits colleagues and customers”.
Bestseller's Jack & Jones has said a “revolutionary” chapter has been written in the brand’s history with its first digital collection launch to its teams around the world. And it's planning more live-streamed events.