JYSK signs up to Science Based Targets initiative
The global retail company has committed to the internationally recognised Science Based Targets initiative (SBTi) to contribute to limiting global warming.
The global retail company has committed to the internationally recognised Science Based Targets initiative (SBTi) to contribute to limiting global warming.
On 28 August 2023, there is exactly one year to go until the Paralympics 2024 in Paris. JYSK kicks off the countdown with a campaign called “Everyone can succeed”.
At the head office in Brabrand, the owner-family behind Lars Larsen Group and JYSK honours the founder of the company with a full-size bronze sculpture.
JYSK is currently executing one of the biggest investments in the company’s history. Now, JYSK has reached an important milestone with 2,000 stores worldwide with the newest store concept. By the end of 2024, all 3,200 stores will be upgraded.
For several years, JYSK has sold GRS certified products with recycled materials, and with a GRS certification as a company, the international home furnishing retailer now increases the focus on this work.
One year after a JYSK store in Ukraine was hit by a missile attack, the store has now been rebuilt and reopened on Thursday 11 May 2023.
Continuing the expansion to new markets, JYSK will open its first two stores in Türkiye in the first week of May 2023.
JYSK has appointed Signe Lind Jacobsen as new Executive Vice President and CFO for the Scandinavian sleeping and living retail company. Her first day at work will be on 1 August 2023.
In March 2023, all ergonomic pillows in the WELLPUR assortment by JYSK will be launched in stores and online with improved packaging and production that saves millions of plastic handles and metal zippers every year.
With the safety of employees and customers as the priority, JYSK continues running, upgrading existing and opening new stores.
To help the victims of the earthquake disaster in Türkiye and Syria, JYSK and Lars Larsen Group are donating a total of DKK 2 million to the Red Cross and UNICEF, who provide emergency aid in the affected areas.
For the financial year 2021/22, JYSK reached its highest EBIT result to date of DKK 4.56 billion (EUR 612 million) and increased turnover by 11% to DKK 36.2 billion (EUR 4.87 billion). However, the retail chain is now seeing the first signs of a slowdown in sales due to global challenges.