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JESPER BRODIN
IKEA plans aggressive India expansion with stronger local sourcingIKEA is set to accelerate its growth in India. The company plans to add multiple customer touchpoints annually. Focus will be on local sour...- 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...
- In global battle for talent, Indians fast emerging as the top choiceWhile several Indians have in the last few years taken up top positions globally, even mid-level execs, with their inherent knowledge of a ...
- India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka GroupIndia is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furnit...
- 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...
- 'Challenging' year for Ikea, 10,000 layoffs in RussiaThe company, which halted retail operations in Russia in March after Moscow's invasion of Ukraine, has already "had to say goodbye" to arou...
- Bommai inaugurates Ikea's store in Bengaluru, urges management to give more jobs to localsThe Swedish multinational, the chief minister told the media, has decided to invest Rs 3000 crore over a period of time, and has assured hi...
- Every $ of investment in social jobs to generate 2.3x returnsInvesting in education, health and care jobs can yield a triple dividend -- boosting economic activity, expanding employment opportunities ...
- Ikea CEO Jesper Brodin invites Bommai for Bengaluru store launch next monthJesper Brodin, CEO of Ikea Group met the chief minister at Davos and invited him for the launch of the Bengaluru store that is coming up at...
- IKEA warns supply chain disruptions likely to last into 2022The company, which had earlier reported record annual sales as locked-down consumers spent more than ever on their homes, is also reducing ...
- European politicians, CEOs, lawmakers urge green coronavirus recoveryEuropean politicians, CEOs, lawmakers and activists called on Tuesday for green investment to restart growth after the coronavirus pandemic...
- Ikea bets on small stores to go digital“This is for the first time that we are experimenting with smaller format stores,” said Peter Betzel, CEO for Ikea India.
- IKEA Group plans to cut 7,500 administrative jobsAt the same time, the group, which owns 367 IKEA stores, estimates it will create 11,500 new jobs in the period as it expands with new stor...
- India a long-term investment for us, says IKEA global CEO Jesper BrodinIKEA CEO's take is different from foreign retailers who are wary about govt’s latest draft ecomm policy.
- IKEA to open 1st Indian store in Hyderabad on August 9IKEARetail India had earlier said it decided to move the date to August 9 from July 19 as it needs some more time to live up to its expecte...
- IKEA postpones launch of first India store“IKEA Retail India decided to move the date as it needs some more time to live up to its expected quality commitments towards customers and...
- Ingvar Kamprad, Ikea’s Swedish billionaire founder, dies at 91Founding Ikea in 1943, Kamprad then started marketing pens, wallets and nylon stockings in the local media, and distributed them using a mi...
- 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.
- 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 to double India sourcing by 2020MD Jesper Brodin told ETat the co’s headquarters that Ikea is a production-based retailer, implying its commitment to local sourcing – a pr...
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