Bestseller

Fashion brand Object, part of Bestseller, collaborates with Swedish innovator Renewcell to produce clothing made (partially) from recycled textiles.

Bestseller, the group behind Vero Moda, Jack & Jones and more, closes its financial year "unexpectedly positive". The decline in turnover was smaller than expected, although profits plummeted rapidly.

With its new 'Fashion FWD' strategy, Danish fashion group Bestseller, known from brands such as Vero Moda, Only, Jack & Jones, Object and Selected, wants to take further steps towards a sustainable fashion industry. Collaboration is the key word: "We need everyone on board, because the challenges we face cannot be solved by individual companies or departments."

The investment group behind the Danish fashion group Bestseller, Heartland, has taken a 29 % stake in German e-commerce platform About You in a recent capital round, which raised About You about 300 million dollars.

British fashion retailer French Connection, known for its FCUK quote, has sold its Toast subsidiary to Danish clothing group Bestseller, which also owns brands like Vero Moda and Jack & Jones.

German Zalando and Danish Bestseller have joined forces in a joint venture, called FashionTrade.com, to supply the Bestseller chains.