×
157
Fashion Jobs
H&M
Security And Hse Manager – Borås
Permanent · BORÅS
H&M
Production Manager to h&m Womens Marketing Team
Permanent · STOCKHOLM
H&M
SEO & Taxonomy Specialist
Permanent · STOCKHOLM
H&M
Tactical Buyers to Non-Commercial Goods Purchase Department
Permanent · STOCKHOLM
H&M
Business Controller to h&m Kids New Premium Concept
Permanent · STOCKHOLM
H&M
Group Manager to Finance & Accounting
Permanent · STOCKHOLM
H&M
Data Specialist to Costing & Purchasing
Permanent · STOCKHOLM
RITUALS
Area Manager Stockholm
Permanent · Stockholm
PUMA
Teamhead Planning & Purchasing
Permanent · Helsingborg
PUMA
Senior Manager Merchandising Puma Golf Europe
Permanent · Solna
PUMA
Strategic Key Account Manager
Permanent · Solna
PUMA
Senior Marketing Manager Cobra Puma Golf Europe
Permanent · Solna
LEVI'S
Key Account Manager
Permanent · Stockholm
GANT GLOBAL HQ, STOCKHOLM
Retail Sales Trainer Nordics
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Global Brand Production Director
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Global Legal Coordinator
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Senior Digital Analyst
Permanent · STOCKHOLM
GANT GLOBAL HQ, STOCKHOLM
Head of Retail Operations
Permanent · STOCKHOLM
GANT NORDIC
Sales Advisor/Visual Merchandiser 70%, Gant Flagship Store Stockholm
Permanent · LONDON
GANT GLOBAL HQ, STOCKHOLM
Marketplace Sales & Operation Specialist
Permanent · STOCKHOLM
GANT NORDIC
Sales Advisor Extra, Gant Store Mall of Scandinavia
Permanent · SOLNA
GANT GLOBAL HQ, STOCKHOLM
Global Wholesale Order Book Specialist
Permanent · STOCKHOLM
By
Fibre2Fashion
Published
Nov 30, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fashion retailer Bestseller doubles profits, will boost online ops

By
Fibre2Fashion
Published
Nov 30, 2016

Danish fashion retailer Bestseller has doubled its pre-tax profit year-on-year to reach €273m in the 2015/16 year. The company saw 5% growth in total turnover to reach €3.07bn and said higher wholesale revenues, combined with an increased focus on controlling costs, were responsible for both the sales and profits rise.


Bestseller is boosting its online business


The company said that Southern Europe and the UK primarily drove its growth during the year, counteracting more anaemic results from Scandinavia, India, Turkey and the Middle East, markets where the firm said its results were unsatisfactory.

For the new financial year, Bestseller also said it would focus more on digital. At present, wholesale and retail stores still account for 80% of its business but it wants to grow its online operations further.

The internet is certainly a key focus for Bestseller management. Earlier this month the company's owner Anders Holch Povlsen said he had acquired a majority stake in Danish online platform Miinto that puts products from more than 1,000 physical retailers in front of online fashion shoppers.

Bestseller operates 2,700 branded chain stores across 38 countries worldwide, while its products are also sold in around 15,000 multi-brand and department stores globally.
 

Copyright © 2022 Fibre2Fashion. All rights reserved.