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valued at DKK 334 million, to themselves for DKK 930 million, with
Kreditforeningen Danmark providing a change of ownership loan of DKK 628 million, which resulted in a nod from the Ministry of Housing. Illum was modernized for DKK 250 million, after which the owners sold 60 percent of the Illum property to the Swedish real estate company Pleaid Real Estate for DKK 900 million.
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The two swallows in ILLUM's logo come from an exchange of letters between A.C. Illum and his fiancée Marie
Andersen. In a letter, A.C. asked Illum namely about Marie's hand. The letter in which Marie said "yes please" to a marriage with A.C. Illum, had a small vignette in one corner of the paper. The
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In the 1950s and 60s, ILLUM experienced increasing competition from the large shopping centers that began to spring up in the metropolitan area. In the middle of the 1960s, a parking garage was built and a major renovation was carried out in the fight for the customers' favor. However, this was not
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opened a store specializing in sewing items and dress accessories in Østergade across from ILLUM's current location. The target group was the city's fine ladies. The business grew over the years and in 1899 moved to its current location. After Illum's death in 1938, the company was inherited by his
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During the 1980s, Illum had financial problems and in 1987 was taken over by lawyer Jens Jordan together with the controversial contractor Kay
Wilhelmsen, they bought both the department store and the buildings for a total of DKK 523 million. A few days later, they sold the buildings, which were
89:, which thus secured 20 percent ownership of ILLUM. The remaining 80 percent was acquired by the same group in August 2005. In 2009, ILLUM was acquired by Solstra Investments A/S. In 2011, Illum was again sold and acquired by MGPA, and in 2013, once again, to the Italian department store
85:. The development was reversed in these years, so that the focus was on luxury and quality. In 2004, Magasin was acquired by a consortium headed by the Iceland's
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vignette depicted two swallows flying past a net of telegraph wires and A.C. Illum therefore decided to make the swallows the store's hallmark.
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Technically ILLUM has been a shopping center since 2001/02. Since 1985, Illums
Bolighus has not been associated with Illum.
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enough to make the company a good business, and in 1972 the family had to sell to the
British group
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The department store's over 120 stores had a turnover of around DKK 650 million in 2011.
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In 1959, Illum took over an exclusive furniture store, which changed its name to
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Illum's facade was renovated in 2016. The new facade was designed by
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174:"Central Group to buy famous department store chain Selfridges"
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202:. Vilhelm Lauritzen Arkitekter. Hentet 17/8-2021
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27:is a department store located at Amagertorv on
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162:. markedsforing.dk. Hentet 17/8-2021
172:Cod Satrusayang (2 December 2021).
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142:Illum - fra sytøj til spekulanter
229:Companies owned by Central Group
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224:Companies based in Copenhagen
234:Department stores of Denmark
249:Shopping centres in Denmark
244:Retail companies of Denmark
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160:Magasin har solgt Illum
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20:Illum store exterior
219:1891 establishments
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213:Categories
185:2 December
147:Berlingske
120:References
33:Copenhagen
239:Indre By
79:Magasin
46:History
37:Denmark
29:Strøget
200:Illum
25:ILLUM
187:2021
111:Logo
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