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63. Allan Nielsen, UK country director, Bestseller

Allan Nielsen

Position last year: 60

Bestseller’s UK country director Allan Nielsen focused on retail expansion in 2015 opening five new shops for its menswear business Jack & Jones in the northwest, northeast and the Midlands.

The Danish retail group launched in the UK in 2003 and has approximately 120 independent stockists in the UK, 20 multiples and 15 key accounts - where Jack & Jones is the dominant stocked brand. Bestseller has 32 stores in the UK, having closed 10 Jack & Jones and Vero Moda multi-brand stores in the last two years and opened larger Jack & Jones concept stores in Manchester’s Arndale centre, Westfield London, Meadowhall and Cardiff, under Nielsen’s leadership. 

Nielsen also launched Bestseller’s first occasionwear range, Studio 75, for autumn 15. Sitting under the womenwear brand Yas, the Studio 75 collection features 35 styles of dresses, tailored trousers and jackets with a strong 1970s influence.

Meanwhile his boss, the billionaire owner and chief executive of Bestseller Anders Holch Povlsen, is reportedly buying a string of buildings on London’s Oxford Street for £172m. The buildings being bought are understood to include 18 Harewood Place, 14-15 Hanover Square and 293-297 Oxford Street. Bestseller bought nearby 309 Oxford Street in 2013 for around £100m.

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