Anders Holch Povlsen news and archive

Bestseller owner snaps up majority stake in Drake’s

Anders Holch Povlsen, the owner of Danish fashion giant Bestseller Group and the largest shareholder of e-commerce retailer Asos, has snapped up a majority stake in British menswear brand Drake’s. New Companies House filings have revealed that a 75 percent stake in Drake’s has been transferred to 28.10.2025 Limited, a firm overseen by Povlsen....

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Video

Video: ASOS' Anders Holch Povlsen's three Children Killed In Sri Lanka

Danish fashion mogul Anders Holch Povlsen lost three of his four children in Sunday's Sri Lanka bombing attacks that killed more than 290 people and left more than 500 injured. See the gut-wrenching final photos posted to his daughter's Instagram account before the attack happened during their family vacation. Source: Access, YouTube.

Retail

Bestseller's Anders Holch Povlsen eyes up property on Oxford Street

Anders Holch Povlsen, the CEO and sole owner of fashion conglomerate Bestseller, has his sights set on taking over the next redevelopment opportunity available on London's Oxford Street. The Danish billionaire is currently seeking to purchase a number of assets located between Hanover Square and Oxford Street, for the neat sum of 172 million...

Design

Bestseller owner invests in Zalando

Bestseller owner and fashion entrepreneur, Anders Holch Povlsen, has acquired a 10 percent stake in Zalando, Europe’s leading online retailer for shoes and fashion. The online fashion retailer confirmed that that Holch Povlsen will acquire shares from several early-stage shareholders, such as European Founders Found, Holtzbrinck and Tengelmann....