The company, which halted retail operations in Russia in March after Moscow's invasion of Ukraine, has already "had to say goodbye" to arou...

The racks and shelves were well stocked in the clothing retailer. Nearby shops were closed, including Zara, Oysho, Bershka, Pull and Bear a...

"The war in Ukraine has already had a terrible impact on so many people's lives. It is a human tragedy that is continuing to affect people ...

The move affects licensed retailers as Nike shuttered company-owned stores two months ago soon after Moscow sent troops into the neighborin...

Hundreds of Western firms ranging from Ikea to Coca-Cola, Goldman Sachs and McDonald's have stopped operations in the country since the inv...

"The war has both a huge human impact and is resulting in serious disruptions to supply chain and trading conditions, which is why the comp...

Ikea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...

Ikea’s global purchase development manager Henrik Elm told Ratna Bhushan in an interview that India, a “change driver,” might be the most c...

The retailer has a goal for revenue of ¤50 billion ($56 billion) by 2020.Sales in the 12 months through August rose 7.1% to ¤34.2 billion, ...

IKEA, which recently had the ground breaking ceremony for its first India store at Hyderabad, has started hiring for the store, which is sl...

IKEA has told the Indian government it will need more time to meet the 30% mandatory local sourcing rule because of its sustainability pled...

Some companies are going further down the supply chain to manage the provenance of their materials-by buying up the forests that source the...

Pepsi’s tagline “Come alive with the Pepsi Generation” This tagline in some translations reads “Pepsi brings your ancestors back from the g...

The entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.

Heads of global retail majors, Metro and Ikea, will meet Anand Sharma in St Petersburg this week to discuss investment prospects in India.

CEOs of Germany's Metro AG and Sweden-based IKEA are likely to meet Commerce and Industry Ministry Anand Sharma in Russia this week.

Swedish home furniture giant Ikea pitched on Monday for fast-growing India to open up its huge retail market to foreigners and said it plan...