Ikea India reported 6% YoY sales growth to Rs 1,860.8 crore in FY25 and 12% EBITDA growth, targeting profitability within two years amid ex...

IKEA anticipates a sales surge of over 10% in India for FY25, driven by strategic expansion plans. The company aims to penetrate the market...

IKEA is expanding its next-day ecommerce delivery service to more Asian markets, building on the success of its pilot program in India. The...

Ikea India expects to achieve operational profitability within a couple of years. The company focuses on stabilisation, affordability, and ...

Ikea India reported a loss of Rs 1,299.4 crore for FY24, compared to Rs 1,133 crore the previous year. Revenue from operations increased to...

Susanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...

Home furnishings retailer Ikea's Indian unit recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to R...

Spread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...

The store coming up in VR Mall in Whitefield is expected to be operational next year. The deal has a lock-in period of 15-20 years.

The company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...

The Indian market is notoriously value-conscious, and Ikea merchandise are rarely easily affordable.

"Ikea will create a multichannel experience for its customers in India. It will launch ecommerce in Mumbai early next summer (March) and in...

The Swedish company, which also runs a food restaurants chain, recently forayed into India with the plan to open the first store in Hyderab...

Swedish furniture giant Ikea plans a one-billion-euro move into the hotel sector, opening at least 100 hotels in Europe.

"The issues raised by IKEA are practical in nature. We have to look at it to the extent possible. We have to address these issues in genera...

It has also proposed that the calculation of the 30 per cent norm be done for cumulative periods of 10 years of operations starting with th...

In a recent decision, the Authority for Advance Rulings (AAR) said that the liaison office of Ikea Trading (Hong Kong) does not earn any in...