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IKEA FRANCHISE SYSTEM
Ikea launches shopping app in IndiaThe IKEA app would be available on both platforms -- iOS and Android -- and will offer 7,000 home furnishing products, said a statement.- IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 crThe company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...
- Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO"Our ambition is to increase sourcing from India in our aim to make a positive impact on the economy and society not just in retail, but al...
- Swedish furniture retailer IKEA to adopt omni-channel approach for expansion in IndiaWith the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...
- Swedish furniture giant IKEA Retail sets up global operations centre in IndiaThe move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...
- Ingka Grp hikes sustainability investment by 600 million euro for next 12 monthsThe funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...
- IKEA's strategic partner Ingka Group invests in LivspaceThe investment is expected to be between $10-15 million, sources said, while Livspace declined to confirm the number.
- Ingvar Kamprad, Ikea’s Swedish billionaire founder, dies at 91Founding Ikea in 1943, Kamprad then started marketing pens, wallets and nylon stockings in the local media, and distributed them using a mi...
- Over 50 global retailers to enter India in 6 months, likely to open about 3,000 storesBrands like Korres, Migato, Evisu, Wallstreet English, Yogurt Lab and Monnalisa, many from the US and S'pore, will invest about $300-500mn.
- 2015: The year when Flipkart, Snapdeal forced Ambanis, Birlas to join the etail raceThe newbies' gang of Flipkarts and Snapdeals are forcing Ambanis and Birlas of supermarket chains to join the burgeoning e-commerce landsca...
- Difficult to meet 30 pc sourcing clause in retail: Adidas"The clause of 30% mandatory sourcing from SMEs is a concern. We are studying the policy changes in detail," Adidas India MD told.
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