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IKEA SALES GROWTH
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- IKEA aims to be profitable by FY28; to open 25 small & medium stores in next 4-5 yearsSwedish furniture giant IKEA is set to become profitable in India by FY'28. The company plans to open 25 new stores across the country in t...
- IKEA plans to double India investment to more than Rs 20,000 crore over five yearsIKEA is set to significantly boost its investment in India. The furniture giant will pour over 200 billion rupees into the country over the...
- Ikea India sales grows 6% YoY to Rs 1,860 crore, eyes profitability in 2 yearsIkea 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 expects India business to grow 10 pc in FY'25, to expand networkIKEA anticipates a sales surge of over 10% in India for FY25, driven by strategic expansion plans. The company aims to penetrate the market...
- India’s booming economy and young population give it 30+ years of growth potential, says IKEAIKEA India anticipates significant growth in the next three decades, driven by India's economic expansion and a burgeoning young consumer b...
- IKEA to set up compact stores for expansion in smaller citiesIKEA is shifting its India strategy by introducing compact stores in smaller cities to enhance accessibility. These stores, as small as 10,...
- India one of biggest growth markets: IkeaIkea has identified India as a key growth market, achieving over 45 billion euros in revenue in FY24 despite global market challenges. As p...
- Good news for shoppers! Ikea to begin online sales in Delhi-NCR this week. When is the store coming?Ikea is expanding its presence in India with online sales in Delhi-NCR and 9 other markets this week. It plans to open full-size stores in ...
- Ikea India aims for operational profitability in couple of years, says CEO Susanne PulvererIkea India expects to achieve operational profitability within a couple of years. The company focuses on stabilisation, affordability, and ...
- IKEA FY24 loss widens to Rs 1,299 crore, revenue up 4.5% to Rs 1,809.8 croreIkea 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...
- Ikea India's losses swell, sales growth falls to 6-year lowIkea's India sales have grown by 5% in FY24, marking its slowest expansion since entering the market six years ago. The net loss widened by...
- Ikea adds doorstep delivery facility in 62 new markets, expects higher demand via online channelsIkea has introduced doorstep delivery facility in 62 new markets in India and plans to launch its Shop By Phone assistance service. The com...
- Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promiseIKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...
- Ikea eyes omnichannel expansion and local sourcing in IndiaSusanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...
- Ikea betting on new markets; will open stores in India next yearIkea will debut in India next year, with one store each in Hyderabad and Maharashtra: Ikea’s larger roll-out plan includes setting up 25 st...
- 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, ...
- Expect revenue growth of 30% in 3 years: Sanjay Shah, Shaily Engineering"We commissioned a new plant in March 2015 for manufacturing CR caps and bottles which are child-resistant for regulated markets."
- 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 has cut 5,000 jobs due to economic crisis: ReportSwedish furniture giant Ikea has cut 5,000 jobs worldwide due to the global economic crisis but expects to post record sales nonetheless, i...
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