SENG plans to close down in Sweden
A challenging market characterised by strong competition means that the Lars Larsen Group-owned retail-chain, SENG, plans to close its Swedish stores down. At the same time, the subsidiary Sengetid.dk will close.
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JYSK delivers record results with investments in lower prices
For the financial year 2023/24, JYSK delivered an EBIT result of DKK 4.43 billion (EUR 594 million) and increased its turnover to DKK 41.4 billion (EUR 5.6 billion). The global home furnishing retailer invested in lowering its already competitive prices on over half of its popular quality products and set a new customer record.
During the financial year 2023/24 (FY24), global uncertainties and -
SOFACOMPANY increases retail revenue and the number of stores in Europe
The Danish design company, SOFACOMPANY, has increased store and web shop revenue and is now pursuing the goal of 40 European stores by 2025.
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ILVA strengthens its strategy: "We need to be smaller in order to grow bigger"
The furniture chain ILVA, with a new CEO at the helm, can now reveal how the company will strengthen its store concept both physically and digitally to continue with its expansion.
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Welcoming the new Lars Larsen Group Retail-team
The first day of autumn also marks the first official working day for the new business constellation that is Lars Larsen Group Retail.
Lars Larsen Group Retail (LLGR) is one of two main business areas in Lars Larsen Group and comprises the subsidiaries JYSK, Bolia.com, ILVA, Third.space, SENG, Sengetid.dk, and SOFACOMPANY.
Heading the LLGR-team is Jan Bøgh, the long-serving President and -
New management team for Lars Larsen Group Retail is in place
From 1 September 2023, 5 people, with the combined experience of more than 100 years within JYSK retail, will develop and run the new business area Lars Larsen Group Retail (LLGR) under Lars Larsen Group.
