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60% Indians want to dedicate more time and money to leisure & entertainment: Vasco Santos of Ingka Centres

Vasco Santos, Global Sales & Leasing Director, Ingka Centres, on India as a potential market for the Swedish retail conglomerate, building spaces that foster communities and India’s demanding customersIngka Group, the parent company of the renowned global furniture brand...

IKEA CEO Jesper Brodin in Delhi

The furniture retailer is looking at the next round of investment in India after exhausting its commitment of Rs 10,500 crore New Delhi: Swedish furniture retailer IKEA and Ingka Group CEO Jesper Brodin was in the national capital to look...

Foodhall out, Le Marche in at two DLF malls in Delhi

Le Marche has leased 10,000 sq. ft. in DLF Promenade Mall in Vasant Kunj and another 15,000 sq. ft. area in DLF’s swish Chanakya mall—spaces previously occupied by Foodhall New Delhi: High-end supermarket operator Le Marche has snapped up spaces in...

Ikea exits Russia, sells shopping centre portfolio

Ingka Centres sold its 14 centres to a subsidiary of the Gazprombank Group. After the divestment of the shopping centres, Ingka Centres will have no operational business in RussiaNew Delhi: The Ingka Group has decided to sell its Russian portfolio...

Le Marche to open supermarket at Ikea’s Gurugram mall

Le Marche supermarket will occupy an area of 2,676 sqm at Lykli Gurugram, scheduled to open in late 2025New Delhi: IKEA’s sister concern Ingka Centres and supermarket chain Le Marche have announced the signing of the agreement to open...

Uniqlo plans to add 6 stores in NCR in 2-3 years

The Japanese fashion brand Uniqlo is in talks with developers including Ikea’s sister concern Ingka, Brahma Bestech and Pacific Group for leasing spaces in their malls New Delhi: Uniqlo is planning to expand its store network in the national capital region...

Ikea’s Ingka Centre to brand its India malls Lykli

The first shopping centre by the name Lykli is slated to open at Gurugram in 2025 New Delhi: Ingka Group, the parent company of Ikea, on Wednesday announced that it plans to brand its upcoming shopping centres in the country as Lykli. Ikea’s...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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