IKEA plans to enhance sourcing from India to 50%: Swedish ministerIKEA plans to significantly increase its sourcing from India. The goal is to reach 50 per cent for its global operations. Currently, it sta...
11 Jun, 2025, 09.55 PM IST
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
IKEA plans to expand next-day deliveries to more Asian marketsIKEA is expanding its next-day ecommerce delivery service to more Asian markets, building on the success of its pilot program in India. The...
01 May, 2025, 12.34 AM IST
Davos: IKEA prices to fall despite Red Sea disruptions, says CEO Jesper BrodinGlobal commerce has been affected by Houthi militants' attacks on ships in Yemen, leading to shipping disruptions and rerouting vessels aro...
15 Jan, 2024, 09.31 PM IST
Panic at Ikea store in China as shoppers rush out after sudden Covid lockdown announcementShoppers in an Ikea Store rushed towards the exit doors almost mauling security guards in panic after it was suddenly declared that a Covid...
16 Aug, 2022, 03.26 PM IST
IKEA to spend 3 billion euros on stores as it adapts to e-commerceTolga Oncu, retail manager at the group which owns most IKEA stores worldwide, told Reuters the money would be spent across all regions, th...
09 May, 2022, 02.12 PM IST
IKEA to help suppliers in India, 2 other markets transit to 100% renewable powerUnder this initiative, the company would invest and support nearly 1,600 direct suppliers, IKEA said in a statement.
10 Jun, 2021, 08.05 PM IST
Ikea may entice with malls next to its big storesIkea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...
24 Jan, 2020, 11.50 AM IST
IKEA group appoints Jesper Brodin new CEOBrodin will take over the helm of a furniture and retail empire with 348 stores, 45 shopping centers and 140,000 employees in 28 countries.
25 May, 2017, 01.45 AM IST
For Ikea, India may be most challenging market yet: Henrik ElmIkea’s global purchase development manager Henrik Elm told Ratna Bhushan in an interview that India, a “change driver,” might be the most c...
12 May, 2017, 01.57 AM IST
Ikea targets China, India expansion to lift sales by 50 per cent in four yearsThe 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, ...
15 Sep, 2016, 12.08 PM IST
Eye on furniture hub, IKEA seeks 450 acres at Kandla port"We have proposed furniture clusters at the Kandla port. IKEA wants 450 acres of land," Road Transport, Highways and Shipping Minister Niti...
07 Jun, 2016, 04.11 PM IST
Ikea to make India global sourcing hub for bamboo productsFurniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,2...
19 Feb, 2016, 07.34 AM IST
Swedish furniture retailer Ikea sources 35% of cotton from IndiaIkea is working with over 50,000 farmers across Punjab, Gujarat, Maharashtra & Telangana and is expected to increase procurement over the n...
31 Oct, 2015, 03.29 AM IST
IKEA starts hiring, gears up to open 1st India store by 2017Swedish furniture retail giant IKEA has started hiring in India as it gears up to open its first store in the country by 2017.
09 Sep, 2015, 06.01 PM IST
'Make More in India': Why IKEA is beefing up its manufacturing ahead of its store launchIndia is currently among the top 10 sourcing countries for IKEA. The plan is to double sourcing from India to €630 million by 2020.
08 Feb, 2015, 10.15 AM IST
- Sweden's Ikea pitches to enter India
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...
20 Sep, 2010, 10.24 PM IST