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Vusion extends partnership with JYSK Across Europe

Business

Vusion extends partnership with JYSK Across Europe
Business

Business

Vusion extends partnership with JYSK Across Europe

2026-06-16 14:30 Last Updated At:14:45

The global leader in AI-powered digitalisation solutions renews its long-standing collaboration with the leading European home furnishings retailer

  • Upgrade of 450 Nordic stores (~1.2m ESLs) to the latest Vusion ESL technology
  • Expansion to 750 additional stores across Europe (~3m ESLs)
  • Full fleet transition to VusionCloud, with scale expected to reach 2,500 stores by 2027 across the Nordics and DACH and Benelux

PARIS, June 16, 2026 /PRNewswire/ -- Vusion (VU - FR0010282822), the global leader in AI-powered digitalization solutions for physical commerce, today announced the expansion of its long-standing partnership with JYSK, one of Europe's leading home furnishing retailers, through a major new agreement supporting the retailer's next phase of store modernization and cloud transformation strategy.

The agreement includes the upgrade of electronic shelf labels across JYSK's already deployed 450 Nordic stores, the roll-out of Vusion solutions in 750 additional stores across Europe, and the full migration of JYSK's legacy on-premise platform to VusionCloud. By 2027, the deployment is expected to scale to approximately 2,500 stores across the Nordic, DACH and BENELUX regions.

Through the transition to VusionCloud, JYSK will benefit from a more scalable and centralized platform enabling faster deployment cycles, simplified store operations, improved performance, and greater flexibility to support future retail innovation at scale. The cloud-based architecture will also strengthen operational consistency across markets while reducing infrastructure complexity.

The project further reinforces Vusion's strategy to accelerate the migration of its installed base toward cloud-native solutions while deepening long-term customer relationships through operational excellence, local support, and continuous innovation.

"JYSK has partnered with Vusion for more than 10 years, and this new agreement reflects both the strength of our collaboration and the value we see in moving to a more advanced cloud-based platform," said Carsten Nørgreen Weinkouff, Executive Vice President Retail Development, Marketing, E-commerce & Omnichannel at JYSK. "As we continue to modernize our stores across Europe, we are investing in solutions that provide greater scalability, operational efficiency, and flexibility for the future. Vusion's technology and teams have consistently demonstrated the reliability and support needed to accompany us at this scale."

"This new milestone with JYSK demonstrates the strength of long-term customer partnerships and the accelerating shift toward cloud-native retail platforms," said Sébastien Fourcy, SEVP EMEA at Vusion. "By transitioning to VusionCloud, JYSK gains a scalable infrastructure designed to continuously improve operational efficiency and support innovation across thousands of stores. We are proud to support JYSK with a combination of technology leadership, local execution and long-term commitment."

More about Vusion : www.vusion.com 

The global leader in AI-powered digitalisation solutions renews its long-standing collaboration with the leading European home furnishings retailer

  • Upgrade of 450 Nordic stores (~1.2m ESLs) to the latest Vusion ESL technology
  • Expansion to 750 additional stores across Europe (~3m ESLs)
  • Full fleet transition to VusionCloud, with scale expected to reach 2,500 stores by 2027 across the Nordics and DACH and Benelux

PARIS, June 16, 2026 /PRNewswire/ -- Vusion (VU - FR0010282822), the global leader in AI-powered digitalization solutions for physical commerce, today announced the expansion of its long-standing partnership with JYSK, one of Europe's leading home furnishing retailers, through a major new agreement supporting the retailer's next phase of store modernization and cloud transformation strategy.

The agreement includes the upgrade of electronic shelf labels across JYSK's already deployed 450 Nordic stores, the roll-out of Vusion solutions in 750 additional stores across Europe, and the full migration of JYSK's legacy on-premise platform to VusionCloud. By 2027, the deployment is expected to scale to approximately 2,500 stores across the Nordic, DACH and BENELUX regions.

Through the transition to VusionCloud, JYSK will benefit from a more scalable and centralized platform enabling faster deployment cycles, simplified store operations, improved performance, and greater flexibility to support future retail innovation at scale. The cloud-based architecture will also strengthen operational consistency across markets while reducing infrastructure complexity.

The project further reinforces Vusion's strategy to accelerate the migration of its installed base toward cloud-native solutions while deepening long-term customer relationships through operational excellence, local support, and continuous innovation.

"JYSK has partnered with Vusion for more than 10 years, and this new agreement reflects both the strength of our collaboration and the value we see in moving to a more advanced cloud-based platform," said Carsten Nørgreen Weinkouff, Executive Vice President Retail Development, Marketing, E-commerce & Omnichannel at JYSK. "As we continue to modernize our stores across Europe, we are investing in solutions that provide greater scalability, operational efficiency, and flexibility for the future. Vusion's technology and teams have consistently demonstrated the reliability and support needed to accompany us at this scale."

"This new milestone with JYSK demonstrates the strength of long-term customer partnerships and the accelerating shift toward cloud-native retail platforms," said Sébastien Fourcy, SEVP EMEA at Vusion. "By transitioning to VusionCloud, JYSK gains a scalable infrastructure designed to continuously improve operational efficiency and support innovation across thousands of stores. We are proud to support JYSK with a combination of technology leadership, local execution and long-term commitment."

More about Vusion : www.vusion.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Vusion extends partnership with JYSK Across Europe

Vusion extends partnership with JYSK Across Europe

RIYADH, Saudi Arabia, June 16, 2026 /PRNewswire/ -- Dar Global, the London-listed luxury real estate developer, is marking its fifth anniversary following a period of rapid international expansion that has transformed the company into a USD 23 billion global real estate platform serving investors from more than 125 nationalities.

Since launching its first project in Dubai in 2021, Dar Global has expanded across Saudi Arabia, the UAE, Oman, Qatar, Spain, Greece and the United Kingdom, establishing a diversified portfolio of luxury residential, hospitality and lifestyle destinations.

The milestone follows a transformational year for the company. In FY2025, Dar Global tripled its Gross Development Value from USD 7.5 billion in FY2024 to USD 23 billion, reflecting the scale and quality of the pipeline it has built across global markets, including five major master-planned communities and a growing portfolio of globally recognised branded residences. Revenue increased by 124% to USD 539 million, while EBITDA reached a record USD 126 million, reflecting strong operational performance and sustained demand across its international portfolio. Today, the company has approximately 6,100 units under construction across 16 projects and maintains a strong financial position, supported by USD 702 million in cash and cash equivalents as of December 2025, alongside a recently secured USD 250 million financing facility to support future growth.

Ziad El Chaar, CEO of Dar Global, said: "Over the last five years, we have built a company designed for global citizens, investors who increasingly live, work and invest across multiple countries. What began as a luxury real estate developer has evolved into a diversified platform spanning real estate, hospitality, golf, private clubs, asset management and emerging real estate technologies, developed alongside some of the world's most recognised brands. Our ambition is not simply to build homes, but to create destinations, experiences and ecosystems that define the future of luxury living."

As part of its next phase of growth, Dar Global has expanded into hospitality and entertainment, with luxury hotels under development in Dubai, Riyadh, Muscat and the Maldives. The company is also building a portfolio of golf destinations and private members' clubs across key international markets. In parallel, Dar Global has launched Dar Global Capital Partners, its asset management platform, while advancing initiatives in real estate tokenization as part of its strategy to participate in the future evolution of global real estate investment.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE

DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE

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