About BESTSELLER
BESTSELLER is a company based in Brande (Denmark) founded in 1975 by Troels Holch Povlsen.. The company has 20,276 employees as of December 31, 2023. BESTSELLER has completed 2 acquisitions, including MandM Direct and TOAST. BESTSELLER offers products and services including Fashion Garments and Wholesale Distribution.
- Headquarter Brande, Denmark
- Employees 20276 as on 31 Dec, 2023
- Founders Troels Holch Povlsen
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bestseller
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Annual Revenue
$9.43 M (USD)0as on Jul 31, 2023
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Net Profit
$7.19 M (USD)0as on Jul 31, 2023
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EBITDA
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Latest Funding Round
$50.4 K (USD), Grant
Jan 01, 2020
- Investors
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Employee Count
20276
as on Dec 31, 2023
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Investments & Acquisitions
MandM Direct
& 1 more
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Products & Services of BESTSELLER
BESTSELLER offers a comprehensive portfolio of products and services, including Fashion Garments and Wholesale Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fashionable garments and accessories are provided by BESTSELLER for all ages, genders, and occasions, emphasizing good quality at competitive prices
Products are distributed by BESTSELLER through multi-brand and department stores globally as part of its extensive wholesale operations
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Software Development Team
41 people
Finance and Accounting
35 people
Human Resources and Administration
31 people
Data Analysis and Operations Team
21 people
Senior Team
13 people
Sales and Marketing
12 people
Legal and Compliance
11 people
Business Team
9 people
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Funding Insights of BESTSELLER
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $50,401
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First Round
First Round
(05 Oct 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Grant - BESTSELLER | Valuation |
investors |
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| Nov, 2019 | Amount | Grant - BESTSELLER | Valuation |
investors |
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| Dec, 2018 | Amount | Grant - BESTSELLER | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BESTSELLER
BESTSELLER has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BESTSELLER
BESTSELLER has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MandM Direct and TOAST. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category fashion products for men and women are offered online.
|
1997 | ||||
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Discount Retailer of Fashion & sports brands
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BESTSELLER
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bestseller Comparisons
Competitors of BESTSELLER
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bestseller
Frequently Asked Questions about BESTSELLER
When was BESTSELLER founded?
BESTSELLER was founded in 1975 and raised its 1st funding round 40 years after it was founded.
Where is BESTSELLER located?
BESTSELLER is headquartered in Brande, Denmark. It is registered at Brande, Central Denmark Region, Denmark.
Who is the current CEO of BESTSELLER?
Anders Holch is the current CEO of BESTSELLER.
How many employees does BESTSELLER have?
As of Dec 31, 2023, the latest employee count at BESTSELLER is 20,276.
What is the annual revenue of BESTSELLER?
Annual revenue of BESTSELLER is $9.43M as on Jul 31, 2023.
What does BESTSELLER do?
BESTSELLER was founded in 1975 in Brande, Denmark, and operates as a retail chain in the fashion sector. A range of products including jeans, shirts, trackpants, jackets, shorts, and others is offered from various brands. The company focuses on retail operations across international markets, with headquarters in Denmark. Leadership includes co-CEOs and ownership tied to the founding family.
What products or services does BESTSELLER offer?
BESTSELLER offers Fashion Garments and Wholesale Distribution.
How many acquisitions has BESTSELLER made?
BESTSELLER has made 2 acquisitions, including MandM Direct, and TOAST.
Who are BESTSELLER's investors?
BESTSELLER has 1 investor. Key investors include European Union.