IKEA
Home Decor & Furnishing
Ingka Group records total revenue of €42.0 billion in FY22
The company also progressed towards its investment goal of €6.5 billion in renewable energy by 2030, by investing and committing a record €0.9 billion in renewable energy projects
Bengaluru:Â Ingka Group, the parent company of IKEA India reports a revenue of...
Big Grid
Ikea cuts prices on select articles by 16-39 pc in India
PTI -
Broader lines of products where the price cuts have happened include living room articles, storage, kitchen, mattresses and bedroom furniture
Mumbai: European furniture retailer Ikea has cut prices on a sizable part of its over 9,000 articles on offer in...
Big Grid
Ikea India introduces its first external click-and-collect point in Bengaluru
Situated at Electronic City the collection point is managed by its logistic partner GATI
Bengaluru: Ikea India, the Indian arm of Swedish home furnishings major, launched its first External Collection Point for Click and Collect orders in Bengaluru’s Electronic City in...
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Ikea kicks off construction process of its Noida store
The site will be home to India’s first Ingka Centre, a multi-storey retail destination with Ikea as the anchor and other brands as tenantsNew Delhi: Ingka Group, the parent company of Ikea, has started the process to construct a...
Big Grid
Zara in talks with Mall of Asia in Bengaluru for a 9,000-sq. ft. Zara Home standalone store space
A move that comes close on the heels of rivals Stockholm-based H&M and London-based Marks & Spencer launching their home wares in India last year
New Delhi: Inditex SA is in talks with Phoenix Mills Ltd to open a standalone...
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Madurai towers over retail scene: Opens India’s largest retail store that beats Ikea hands down
Launched in December, the 6.5 lakh sq. ft. store in Tamil Nadu covers 10 floors. And no, it’s not an Ikea…
Bengaluru:Â The southern city of Madurai in Tamil Nadu, famed for its historical monuments of Meenakshi Temple and Thirumalai Nayakkar...
Big Grid
IKEA aims to achieve 100% zero emissions in home deliveries by 2025
IKEA’s Indian logistic partner GATI-KWE will help catalyse the furniture major’s new missionBengaluru: Home furnishing retailer Ikea aims to achieve 100% zero emissions in home deliveries by 2025. Its logistics partner GATI-KWE will help the company attain this sustainable...
Home Decor & Furnishing
Inditex to introduce Zara Home in India
New Delhi:Â Zara is planning to introduce its home products in India, three people familiar with the plans said. The move comes close on the heels of rivals Stockholm-based Hennes & Mauritz (H&M) and London-based Marks & Spencer launching their...
Home Decor & Furnishing
IKEA India’s revenue for FY22 jumps 73% even as losses widens 12% to Rs 900 crore
IKEA is in an investment phase in India and parent Ingka Group had in September infused Rs 600 cr into the India subsidiaryNew Delhi:Â IKEA India Pvt Ltd reported its net loss widened 12% to Rs 901 crore for the...
Fashion
In the ‘new normal’, innovations, inventions & contactless experiences will rule the retail space
It is rightly said that some of the biggest changes need some situations like COVID-19 to bring about important transformation. The crisis has increased digital adoption significantly with companies and even customers going digital for getting their jobs done. Times...
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Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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