Flight Risk Capital

Who is leaving Britain and what it costs to stay

Troels Holch Povlsen

Last updated: .

What was reported

Bloomberg reported that registry filings now give his usual residence as Denmark. The linked coverage runs from 8 May 2025 to 19 October 2026, with the record marked reported.

Background

According to Bloomberg Tax in May 2025, the report concerned Povlsen's declared usual residence in registry filings. Bloomberg Tax, 8 May 2025. The report said Denmark had replaced England in that declaration. Bloomberg Tax, 8 May 2025. Lex's September 2025 biography also reported his return to Denmark during 2025, citing Horsens Folkeblad. Lex, 5 September 2025.

Timeline

Report dates show when a source published its account. Event dates keep the precision given by that source.

  1. (Report): According to Bloomberg Tax, registry filings showed Povlsen had switched his usual residence from England to Denmark. Bloomberg Tax, 8 May 2025.

  2. (Report): According to the updated Lex biography, Povlsen had returned to Denmark in 2025; it gives no exact moving day. Lex, 5 September 2025.

Type
Person
Known for
Co-founder of Bestseller (Jack & Jones)
Destination
No guide for Denmark yet
Status
Reported
Basis
Read the source account above
First reported
8 May 2025
Sector
Consumer and retail (Retail and fashion)
Last checked
25 October 2026

Recorded statement

No direct statement of a reason is recorded.

Wealth estimate

No sourced estimate is recorded.

Limits and uncertainty

The Tax Justice Network disputes Bloomberg's analysis and says the wealth attributed to this move was not his personal wealth.

Sources

Related

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