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350 women from Telangana to be employed by IKEA

The Telangana government said Swedish furniture maker IKEA is going to launch its first outlet in February next yea in India and 350 women from the state will be given employment by the company. According to a statement issued by...

IKEA introduces furniture range for pets

IKEA, the Swedish furniture retailer, has recently launched a home collection just for dogs and cats, designed in the brand’s signature clean, minimalist style. The Lurvig collection, named after the Swedish word for 'shaggy', includes tiny beds, cushions, collars, food...

D-Mart strikes gold by getting the basics of retail right

While majority of retailers, both brick-and- mortar and online are reeling under pressure to make their bottomlines positive, the low-profile Mumbai-based D-Mart has breathed life into the challenging retail sector as it debuted on the stock market with a bumper...

Pune’s Retail Real Estate Sector: The Game Gets Real

While the demonetisation wave put a dampener on residential sales across India, the retail market was comparatively unaffected and showed good flexibility in terms of a steady consumer spending pattern. Pune’s retail market is receiving considerable investment attention from...

Bengaluru all set to welcome third IKEA store in the country

Swedish furniture retailer IKEA has acquired land in Bengaluru from the Bangalore Metro Rail Corporation for an undisclosed sum as part of its plans to start retail operations in India. The 14 acres site in Bengaluru is the third land acquisition...

IKEA appoints Jesper Brodin new CEO

IKEA Group, the owner of most IKEA budget furniture stores worldwide, said on Wednesday that it has picked company veteran Jesper Brodin to be its new Chief Executive, replacing Peter Agnefjäll who will leave the company. Peter Agnefjäll, will step...

Swedish consumer companies like IKEA, H&M all want to come to India: Minister

Saying that there is hardly a Swedish firm that is not interested in India, a visiting minister said that, after the top companies, small and medium enterprises (SMEs) from that country are looking to tap the potential in the...

Design Innovations: Inventive vision is all that the world needs

It’s a general perception that design is all about prettification, but young designers are turning the frivolities on its head, and proving that ‘design’ is much more than that; it’s a superpower, and with it you can change the...

IKEA to sharpen focus on India; to double sourcing from Indian market by 2020

IKEA is sharpening India focus as it plans to double sourcing from the Indian market to 600 million euro by 2020, up from its existing base of 318 million euro and will start work on its second store in the...

TJ Maxx’s brand value up 79 per cent in a year

Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. Brands are first evaluated to determine their power/ strength (based on factors such as marketing investment, familiarity, loyalty, staff satisfaction...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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