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Samhi Hotels signs agreement with Ingka Centres for 162-room upscale hotel in NoidaIn an exciting development for Noida, SAMHI Hotels will be leasing a chic 162-room hotel as part of Ingka Centres' innovative project. This...- IKEA franchisee invests €720 mn to secure trees for its furnitureIngka Investments, the largest IKEA franchisee, is acquiring approximately 153,000 hectares of forest land in Latvia and Estonia for €720 m...
- 50 billion euro IKEA family office makes bet on Indian renewable energyIKEA's family office, IKEA Retail, has bought solar and wind assets from Germany-based ib vogt in Rajasthan for Rs. 1200-1400 crore. The as...
- IKEA Noida store: Ingka Centre plans to develop office, retail, hotel space behind Sector 51 & 52 metro stations by 2028Uttar Pradesh Chief Minister Yogi Adityanath laid the foundation stone for the IKEA store in Noida through a virtual event. The project, pa...
- Ingka Centres to invest Rs 5500 crore in developing a shopping destination in NoidaIngka Centres, part of the Ingka Group including Ikea, will invest nearly €600 million in a shopping destination with office space and a ho...
- Ingka Centres to to open its first retail centre in India in 2025The company is investing 400 million euros (around Rs 3,500 crore) in the Gurugram project. It is also planning a similar centre in Noida, ...
- IKEA bets on remote interior design as AI changes sales strategyIn the UK, customers pay 25 pounds ($31.44) for a 45-60 minute interior design advice video call and suggested product list, and can pay 12...
- Ikea India raises Rs 600 croreIngka Centres, part of the Ingka Group had recently said that it will invest close to Rs 7500 crore in developing two shopping destinations...
- Ingka Centres to set up two outlets in NCR for Rs 7,500 croreIngka Group received the Indian government’s approval to invest Rs 10,500 crore in the country to open big-box stores in 2013. The proposed...
- Ingka Group to invest 900 million euros in India to open city centres at Gurugram and NoidaAccording to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction wo...
- IKEA India appoints Murali Iyer as CFOIyer takes over from Preet Dhupar who has moved into a global role within Ingka Group, and will be part of the IKEA India leadership team r...
- IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
- IKEA temporarily closes its stores in Russia, halts sourcing in Russia, Belarus"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...
- Ingka Group to open its first shopping centre in India at Gurugram, to invest Rs 3,300 croreThe government is committed to provide best support to facilitate a smooth investment flow into the state. This project will not only estab...
- Ikea launches shopping app in IndiaThe IKEA app would be available on both platforms -- iOS and Android -- and will offer 7,000 home furnishing products, said a statement.
- IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 crThe company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...
- Ikea furnishes strong results despite pandemicIngka, which includes shops that account for 90 percent of sales by the Swedish flat-pack furniture giant, suffered only a 5.0 percent drop...
- Swedish furniture retailer IKEA to adopt omni-channel approach for expansion in IndiaWith the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...
- Swedish furniture giant IKEA Retail sets up global operations centre in IndiaThe move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...
- Ingka Grp hikes sustainability investment by 600 million euro for next 12 monthsThe funds would be invested in companies and solutions that have a direct impact towards the Paris Agreement and the UN Sustainable Develop...
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