Just a short time after announcing that it has recruited a new logistics director, fashion giant Bestseller has now said that in the coming year it will start construction on a high-tech Netherlands logistics centre.
Bestseller said Friday that its Business Development unit is currently testing the value of a new digital solution for all brands at its Rømerhus store in Aarhus following a successful test with the Selected label.
A number of big clothing names have taken part in the latest funding round for Infinited Fiber Company with it having raised €30m in new capital from a group include existing investor H&M, plus Bestseller and Adidas.
The Bestseller group’s founder has bought a 10.1% stake, via his holding company Heartland, in the company owned by Israeli group Fox. Previously, Povlsen had bought stakes in Asos and German fashion e-tailer About You.