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IKEA NEWS
Ikea eyes India as key sourcing hub amid global trade shiftsGlobal trade tensions have accelerated companies' efforts to diversify supply chains, and India is becoming central to Ikea’s sourcing stra...- 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...
- IKEA did what others only talk of doing & it was a gamechanger for India staffIKEA faced high employee turnover globally. In India, to retain staff, IKEA introduced subsidized daycare, 26 weeks of parental leave, and ...
- Ikea Hyderabad in 'racism' row after Manipur woman friskedSenior journalist Nitin Sethi tweeted that his wife, who hails from Manipur was frisked while others before were not.
- IKEA India to source more products locally amid rising inflationThe company's fourth Indian store, its biggest, opens in the Indian tech hub of Bengaluru in Karnataka on Wednesday, four years after Ikea ...
- IKEA to launch first Bengaluru store on June 22Spread over 12.2 acres, the 4,60,000 sq ft IKEA Nagasandra store will feature over 7,000-plus affordable, good quality, sustainable and wel...
- 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...
- IKEA rents 100,000 sq ft in Bengaluru to set up first store in cityThe 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.
- 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.
- Ikea promises up to Rs 2,000cr investments for West Bengal Kolkata"West Bengal is one of the key markets in Ikea's plans in India and we would like to start working in your state for establishing Ikea's ex...
- IKEA recalls 1.66 mn chest of drawers in ChinaThe products, which include some imported models, were sold between 1999 and 2016, the Administration of Quality Supervision, Inspection an...
- IKEA France may slow store openings as web sales take offIKEA, the world's biggest furniture retailer, may slow the pace of planned new store openings in France as it increasingly looks to e-comme...
- Ikea Is Buying Up Whole Forests, And So Is AppleSome companies are going further down the supply chain to manage the provenance of their materials-by buying up the forests that source the...
- IKEA looks to scale up furniture sourcing from IndiaIKEA has been sourcing many products, including textiles, carpets, metals, plastic, lighting and decorative items for last 26 years.
- Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
- Coke, Ikea plans prove government has not lost direction: Anand SharmaCoca-Cola had announced on Tuesday that it would invest $5 billion in India by 2020 in various activities, including setting up of new bott...
- Commerce minister says mutli-billion dollar investmet plans by Coca Cola, Ikea shows govt not lost"We welcome investment of $ 5 bn by Coca Cola and Euro 1.5 bn by IKEA that is coming in. It is good news and things are moving. It's not th...
- Govt has not lost direction, says Anand SharmaBuoyed by the multi-billion investments announced by global firms, Anand Sharma hit back at critics saying the government has "not lost dir...
- India taken aback by Ikea reactionIndia has expressed surprise at top homeware retailer Ikea's purported thumbs-down on setting up shop in the country.
- Hanung Toys gets order from IKEAHanung Toys & Textiles Ltd has signed an export order tie-up with IKEA Sweden, for exporting soft toys / kids furnishing worth 108 million ...
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