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Bestseller ups stake in Asos

Danish brand house Bestseller has increased its stake in Asos to 29%.

Bestseller acquired the shares through its investment vehicle Aktieselskabet af 5.5.2010. It now holds 24,325,522 shares.

On 31 January Bestseller had a 27.6% stake, or 23,325,522 shares.

Anders Holch Povlsen, Bestseller’s owner, is the biggest shareholder in Asos. Bestseller owns brands including Jack & Jones, Vero Moda, Vila and Only. 

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