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2 million customers visit IKEA's Hyderabad store in 2019-20

More than two million customers visited IKEA`s first India store here during the financial year 2019-20 (September to August), said the Swedish home furnishing multinational on Wednesday. The Group counts a financial year from September 1 to August 31. The...

2 million customers visit IKEA's Hyderabad store in 2019-20

More than two million customers visited IKEA`s first India store here during the financial year 2019-20 (September to August), said the Swedish home furnishing multinational on Wednesday. The Group counts a financial year from September 1 to August 31. The...

2 million customers visit IKEA’s Hyderabad store in 2019-20

More than two million customers visited IKEA`s first India store here during the financial year 2019-20 (September to August), said the Swedish home furnishing multinational on Wednesday. The Group counts a financial year from September 1 to August 31. The...

IKEA announces solid sales performance when life at home has never been more important

Ingka Group today announced strong IKEA retail sales of EUR 35.2 billion for the financial year 2020 (EUR 36.7 billion FY19), despite the economic and public health challenges posed by COVID-19. The company continues to transform its business to...

Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO

IKEA is steadily increasing its local sourcing footprint in India and has achieved 20 percent localised sourcing within the first two years of store operations, said a top company official. The rise in local sourcing would not only make products...

Swedish furniture retailer IKEA to adopt omnichannel approach for expansion in India

The COVID-19 pandemic has slowed down Swedish furniture retailer IKEA's expansion plans in India but the company is adjusting to the new reality while continuing to bet on the country as one of its ‘very important markets’, according to...

The Next Normal: How HR personnel are innovating to keep employees engaged

With shopping centres being shut for so long, the organised retail sector has taken a severe hit. Social distancing norms and ever-increasing COVID-19 cases across cities have dented footfalls in shopping centres that are now open for the public....

Swedish furniture giant IKEA Retail sets up global operations centre in India

Strengthening its presence in the Indian market, Ingka Group, which handles retail operations of Swedish furniture giant IKEA, on Thursday announced to open a global office at Bengaluru. It will operate within the areas of Global Business Operations (GBO),...

Ingka Group hikes sustainability investment by 600 million euro for next 12 months

Swedish furniture major IKEA's partner Ingka Group has increased investment by 600 million euro (around Rs 52,00 crore) towards sustainability projects over the next 12 months. After this announcement, Ingka Group's total investments in sustainability projects will rise up...

IKEA makes furniture and home furnishing products more affordable for Indian consumers

IKEA, world’s leading Swedish multichannel home furnishings retailer has announced lower prices without an end date for some of its bestselling products in the range with its ‘new lower price’ initiative. This is one of the long-term strategic steps...
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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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