IKEA

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Adjusted for currency impact, IKEA franchisees’ retail sales grew by 4.5 percent in FY18. Total retail sales, which includes sales of both products and services to IKEA customers, amounted to EUR 38.8 billion. India and Latvia became new IKEA...

Swedish home furnishings retailer IKEA would commence its e-commerce operations in the country by March next year, IKEA India Chief Executive Officer Peter Betzel said Thursday.“IKEA will create a multichannel experience for its customers in India. It will launch...

IKEA India, the Swedish home furnishings retailer, on Thursday celebrated the ground-breaking ceremony of its third India store in Nagasandra, Bengaluru.Following the grand opening of its first IKEA India store in Hyderabad two months ago, this is yet another...

Swedish furniture giant IKEA Sunday said it would not raise the prices of low-end furniture and furnishing products if the company costs increase due to Centre's recent hike in customs duty on some furnishing items to curb imports of...

Swedish furniture and home accessories company IKEA plans to invest nearly Rs 3,000 crore in the next three years to open three fulfilment centres (packing warehouses) in Mumbai, Bengaluru and Delhi.According to a PTI report: The company would open...

Finally, the wait is over! IKEA, the world’s leading Swedish home furnishing retailer has opened the doors of its Hyderabad store for customers on August 09, 2018.Expressing joy, Peter Betzel, CEO, IKEA India says, “At IKEA the people, the...

With rapid urbanization of several Indian cities, there are localities within these urban cities that can be comparable with Tier II cities in other parts of the country. According to top retail experts at India Retail Forum 2018, the...

Swedish furniture retail company IKEA has evinced interest in sourcing products from West Bengal, state Finance Minister Amit Mitra.According to a PTI report: The multinational retail chain recently opened its first store in India at Hyderabad.Mitra, addressing the concluding...

IKEA, the furniture retailer which bets big on sustainability, has opened its first store in Hyderabad on August 09. The Swedish home furnishing major has been sourcing from India for its global stores for more than 30 years. Its...