IKEA to amplify sourcing from India for global operations, to increase local sourcing to 50%IKEA is focusing on India. The Swedish retailer plans to increase sourcing from India for its global operations. It also aims to raise loca...
01 Jun, 2025, 04.33 PM IST
India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka GroupIndia is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furnit...
28 Feb, 2024, 08.22 AM IST
Russians buy last goods from H&M, IKEA as stores wind downThe racks and shelves were well stocked in the clothing retailer. Nearby shops were closed, including Zara, Oysho, Bershka, Pull and Bear a...
10 Aug, 2022, 06.44 PM IST
IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
21 Jun, 2022, 12.48 PM IST
Foreign labels like Victoria’s Secret, Laduree to debut as the stores in IndiaMajor Brands, the franchisee operator of labels including Charles & Keith, Aldo and Bath & Body Works, has been in talks with various malls...
07 Jan, 2021, 08.26 AM IST
What, no meatballs? How Ikea caters to different global tastesIn many countries, the Ikea business model has been subtly tweaked to fit local preferences and customs.
09 Aug, 2018, 09.25 AM IST
IKEA to use only renewable and recycled materials by 2030Currently, 60 percent of the IKEA range is based on renewable materials, while nearly 10 percent contain recycled materials, an Inter IKEA ...
08 Jun, 2018, 03.31 PM IST
Ralph Lauren seeks to end counterfeit goods before India foray“This was a big seizure and we seized more than 6,000 pieces of garments and their hoardings were removed,” said S K Bansal, a lawyer repre...
27 Sep, 2017, 12.53 AM IST
Pepperfry and Urban Ladder's 'offline' idea to ward off global brandsIndia’s largest furniture retailers (both bristle at the etailer tag) are making this strategic shift at a time when the industry itself is...
18 Jun, 2017, 01.28 AM IST
Cheer for cos like Apple, Rolex as government eases local procurement guidelines for single-brand retailIn a major leg-up for global brands such as Apple and Rolex, India has relaxed a mandatory local procurement condition for high-tech compan...
12 Nov, 2015, 02.15 PM IST
Cos like Tommy Hilfiger, Swarovski & Nike may soon get a smooth run in India as govt mulls tweaking FDI rulesAddressing long-pending concerns of foreign companies, the government will likely allow them flexibility to simultaneously operate various ...
23 Feb, 2015, 05.59 AM IST
Government oks 4 single-brand FDI proposals worth Rs 750crThe government clears four foreign direct investment proposals for single-brand retail worth about Rs 750 crore.
14 Feb, 2013, 03.52 AM IST
Local brands revise plans to take on Swedish furniture maker IKEALocal players have already begun to get aggressive on their expansion plans even as they believe that IKEA will benefit them by giving a fi...
21 Nov, 2012, 11.30 AM IST
French cookware maker Le Creuset fourth to seek fully owned single brand retailFrench cookware maker Le Creuset has proposed to start a fully owned single brand retail venture in India, becoming the fourth multinationa...
20 Nov, 2012, 07.08 AM IST
- Pavers England applies for licence for single brand retail company in India
UK-based footwear company Pavers England has applied for licence to set up a single brand retail company on its own in India.
01 May, 2012, 05.28 PM IST
- Pavers England applies for licence for single brand retail company in India
UK-based footwear company Pavers England has applied for licence to set up a single brand retail company on its own in India.
26 Apr, 2012, 04.34 PM IST
- Ikea in JV talks with local cos
Ikea, the world’s largest furniture retailer, has established an office in Gurgaon for market research and learnt to have initiated talks w...
01 May, 2007, 02.22 AM IST