×
80 322
Fashion Jobs
FOOT LOCKER
Overnight Assistant Operations Manager
Permanent · Greensboro
BATH & BODY WORKS
Buyer Procurement
Permanent · Columbus
BATH & BODY WORKS
Senior Procurement Manager, Information Technology
Permanent · Columbus
BATH & BODY WORKS
Senior Buyer, IT Procurement
Permanent · Columbus
BATH & BODY WORKS
Maintenance Manager
Permanent · Columbus
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Crestwood
KOHLS
Category Sales Account Manager - Kohl's Media Network *Remote*
Permanent · Menomonee Falls
KOHLS
Manager, Category Account Sales - Kohl's Media Network *Remote*
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Associate
Permanent · Findlay
KOHLS
Product Manager ii
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Albuquerque
KOHLS
Compliance Analyst
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Albuquerque
KOHLS
Full-Time Loss Prevention Officer
Permanent · Deer Park
KOHLS
Full-Time Loss Prevention Officer
Permanent · Silver Spring
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Parker
L'OREAL GROUP
l'Oreal Vice President, Data, CRM & Loyalty
Permanent · New York
OLD NAVY
General Manager - Butler Plaza West
Permanent · Gainesville
NORDSTROM
Asset Protection - Agent - Del Amo Fashion Center
Permanent · Torrance
NORDSTROM
Asset Protection - Agent - Northgate Rack
Permanent · Seattle
NORDSTROM INC
Learning & Leadership Manager, Supply Chain - Hybrid
Permanent · Seattle
NORDSTROM INC
Area Manager Warehouse Wcoc -Riverside, ca
Permanent · Riverside
Published
Mar 15, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Bestseller owner raises Asos stake, now just short of takeover bid threshold

Published
Mar 15, 2017

Danish apparel group Bestseller's owner Troels Holch Povlsen has increased its stake in Asos to 29% according to regulatory filings submitted on Tuesday.


Asos


He used the Aktieselskabet af 5.5.2010 investment vehicle to complete the purchase, taking the stake to just below the 30% mark that would trigger a mandatory bid for the company.

The owner of the Danish fashion retailer has been steadily increasing his stake in pureplay e-tail giant Asos for years, rising from under 6% to 27.6% between 2010 and 2016. Bestseller was seen as a potential buyer for the online platform in 2011, but ruled out a full offer.

The holding company is the largest shareholder in Asos, with The Capital Group Companies, which holds a 10.38% stake being the second largest. Bailie Gifford on 8.7% and Nick Robertson on 6.59%, who founded the site in 2000, are third and fourth.

It also has a stake in Zalando and owns several contemporary fashion brands such as Jack & Jones, Vero Moda, Selected and Only.

Copyright © 2022 FashionNetwork.com All rights reserved.