Bestseller posts record results for 2021-22, but prudence is in order

Bestseller posts record results for 2021-22, but prudence is in order

Translated by

Nicola Mira

In fiscal 2021-22, closed on July 31 2022, Danish fashion group Bestseller


A look by Vero Moda, one of the Bestseller group’s brands – DR

“We performed extremely well in the last fiscal year, something for which all our employees deserve recognition. These results have exceeded our expectations, and we are very happy for them. I must admit that we probably benefited from favourable circumstances too. But that has changed now. There is no doubt that from now on things will be more difficult, and we can already see that global challenges are being reflected in our figures, quite remarkably so in recent months,” said Anders Holch PovlsenVero ModaOnlyVilaJack & Jones
 
As the group did last year, it will pay its employees bonuses worth in total DKK 300 million (€40.32 million), to reward them for their efforts.

Bestseller operates 3,000 stores worldwide, run either directly or with partners, and its brands are also distributed via 17,000 multi-brand retailers. The group employs 18,000 people worldwide. 
 
 
 

Leave a Reply

Your email address will not be published. Required fields are marked *