Selected "Earnst & Young Entrepreneur of the Year" in 2005, Ileana is a business woman with over 30 years of experience in retail, interior and commercial design.
Selected as one of the most succesful business women in PR by The San Juan Star newspaper & De Moda & Caras magazines, she puts her heart and mind into every project. Her passion goes beyond when it comes to her beloved store of 18 years, Palacios.
In 1977 she opened her first retail store, Kilims. It carried imported large scale design fabrics from Finland and cotton prints from France. Her love for fabric and design resulted in a small workroom to develop finished fabric products. In 1983 kilims was among the three highest sales volume US stores.
Ileana was then invited to France and Finland; on a very prestigious trip, to view and choose the upcoming fabric collections.
Three years later, she opened a second store at Dadeland Mall in Miami, FL.
A large workroom to manufacture upholstered furniture was also a must. She was quickly known for her "In Movimento" bed; designed by her, with back and armrest movements.
1990-1995 Special clients and commercial accounts such as: Banco Santander in PR & the Bahamas, became her top priority. Her know-how was an asset for new developments where she once again proved her skills using the "turn key" concept. Among them were master plan communities as Río Mar and Palmas del Mar.
In 1996 Palacios opened its doors in PR as a furniture, tabletop and bridal registry venue. Within six years it grew four times in floor space and acquired a 9,000 sq. ft. warehouse. Her vision to acquire the best lines of tabletop and furniture from Europe were simply a recipe for success.
Apart from selling retail, Palacios provides the clients the option to work with in house designers & architects on their projects. Ileana oversees every project, aiding in the decision making process along with her design team.
Frequent trips to exhibitions and related shows maintain her busy the first five months of the year. Bringing new trends in design is what marks the pace of the coming year for the store...always ahead of time!
Over the years Ileana has designed and worked on projects off site like:
Miami, New York, Orlando, Key West, Colorado, Casa de Campo, Domini- can Republic, France and our little island of Culebra.