JYSK to expand into Singapore
The new stores will be operated through a franchise agreement between JYSK and Courts, one of the leading furniture and electronic retailers in South-East Asia. The agreement with JYSK will enable Courts to develop its home furnishings offer.
Jonas Schrøder, communications director at JYSK, said: “Courts is Singapore's largest retail company and has 40 years' experience in the country. We are sure that JYSK's strengths, with great offers and a Scandinavian inspired selection, is a great match for Courts.”
The first store in Singapore will be around 1,000 square metres which is a similar size to JYSK's European stores.
The opening will mean that JYSK has a presence in 38 countries.
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