Only news and archive

Bestseller increases annual turnover but profit drops

In the financial year 2022/23, Bestseller managed to increase its turnover by 5 percent to 5,973 million euros, while the result before tax totalled 664 million euros, 19 percent lower than last year. The Danish fashion company having 20 brands including Jack & Jones, Vero Moda and Only under its portfolio said in a statement that the overall...

Business

Bestseller expects challenging year ahead

Following record growth in 2021-22, Bestseller expects more challenging market conditions in the coming year. The company said in a statement that while Bestseller achieved remarkable results in the past two financial years, recent months – and the global economic and geopolitical situation indicate the current year will be more challenging. “...

Retail

Pokémon affect, now adults take to cartoon based apparels

After wooing kids cartoon characters like Mickey Mouse are coming now being introduce in adult clothing. For example, Only, the fast fashion brand, has Mickey Mouse motifs in colors of maroon, grey and blue in its tees. It’s not uncommon to see collections that shun the classic bright red, blues and yellows, offering instead subtle versions of...

Retail

Only opens debut store in Jaipur

Danish label Only has opened its debut store in Jaipur. The brand is known for its colors and prints with denim pieces, printed jersey and cool, carefree knits. The store is spread over 1,200 square feet and has state-of-the-art décor. Only currently has 48 stores and 87 shop-in-shops spread across the country. With this store launch, the brand...

BusinessFeatured

CMAI Q1 Apparel Index: Growth touches 6.2 points as big brands lead

CMAI’s Apparel Index for April-June (2015-16) reveals that the industry continued its upward growth curve with overall index value recording 6.2 points. Much like the previous quarters, it’s the bigger brands which have done far better with higher sales turnover and lower inventory holding. Small and mid-level brands are lagging behind on all...

Retail

Apparel brands announce mid-year promotions

Apparel brands continue to struggle with low consumer sentiment and impact of heavy online discounts. To drive sales, they have announced another unseasonal mid-year promotion and discounts. Retailer and brands are offering schemes such as Rs 1,000 vouchers on purchase of Rs 4,000 and above or flat 30 to 50 percent discount as well as ‘buy one...

Apparel

Only ventures into east India with two stores in Kolkata

European fashion brand Only, owned by Bestseller Group, has ventured into Eastern India by opening two stores in Kolkata at Forum mall and Quest. The Only store at Quest mall is spread across 800 square foot, the store at Forum Mall is spread across an area of 1,000 square foot. The new stores follow a single retail design theory worldwide....

Apparel

Bestseller may explore multi-brand retail channel

While reports of Denmark-based fashion house Bestseller the owners of Jack & Jones, Vero Moda and Only brands, deciding to part ways with its four-year old franchisee partner in India, businessman Prashant Agarwal are still doing the rounds, the buzz is that Bestseller is planning to explore multi-brand retail route with the same partner to...

Apparel

Bestseller to part ways with India partner

Denmark-based fashion house Bestseller, the owners of Jack & Jones and Vero Moda, has decided to part ways with its four-year old franchisee partner in India, businessman Prashant Aggarwal. The company is unhappy with the way its brands’ business was being handled in the country. Now the company owned by Danish billionaire Anders Povlsen and...

Trends

Bestseller’s S/S ’13 showcase

Bestseller India organised a spectacular fashion show ‘Allure’ in Mumbai recently. The glittering evening was meant to showcase the latest Spring/Summer’13 collection of the brands; Vero Moda, Only, Jack & Jones. A list of Bollywood stars walked the ramp for various brands presenting the essence and character that each one stood for. Genelia D’...

Fashion

Bestseller: Making a mark with its brands across India

Bestseller, a family-owned clothing company from Denmark is optimistic about its India growth story. It retails three brands in India: menswear brand Jack & Jones; women’s brand Vero Moda and Only. It also has an accessories brand, Pieces, which is available within Vero Moda and Only stores. Talking about the retail success of Jack & Jones in...

Apparel

Bestseller launches its 16th store in India

Bestseller has launched its 16th store in India housing brand collections of Jack & Jones, Vero Moda, ONLY and Pieces in Gurgaon’s Ambience Mall. The store is spread over an area of 883 sq. mtr. The collections at the new store will cater to everyone’s needs. The store interiors are glamorous with careful detailing and focus on visual...