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PATRIK ANTONI
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 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...
- Patrik Antoni to be new CEO of IKEA India as Susanne Pulverer resignsAntoni will lead the company's growth plans in India, in this new structure, where the CEO will take the responsibility for retail operatio...
- IKEA expects online sales in India to be higher than other countriesIKEA will use its own platform for online sales and not tie up with an independent e-commerce platform.
- Ikea not to hike prices of low-end furniture productsPatrik said Ikea is a global company and it would appreciate global trade, but would not be happy with trade barriers such as customs tarif...
- IKEA plans to invest Rs 3,000 crore for three new centresIKEA is set to open its second store in Mumbai later this year, and would hold a ground-breaking ceremony on October 11 in Bengaluru, he sa...
- Ikea to remove single-use plastic by 2020: India deputy country headThe furniture retailer said it is at an initial stage of working with partners for converting industrial scrap and waste into recycle plast...
- IKEA selects Gati-KWE as logistics partnerThe overall scope of partnership is a combination of contract logistics, last-mile distribution and reverse logistics.
- Furniture maker Ikea plans to use electric vehicles for home deliveriesdelivery will be an important component of our offer.As a.
- Vishal Gupta takes a break from the corner office to play tennis with Bharat Puri, Patrik AntoniAfter long hours in the boardroom, a good game of tennis is what the CEO of Momspresso, looks forward to.
- UrbanClap is now Assembly Partner for IKEAUrbanClap said it will now offer skilled and experienced professionals to IKEA customers for unpacking and assembling the furniture in 90 m...
- Ikea to invest Rs 3,000 crore in Maharashtra for stores, experience zonesWe will be investing close to Rs 3,000 crore over the long-term in the state to set up multi-format stores, said Ikea.
- IKEA top brass meets Prabhu as company eyes Indian turfThe company is set to open its flagship store in India by next year, and is in talks with Telangana, Karnataka, Maharashtra for sourcing wo...
- IKEA opens first 'Hej HOME' in India at Hyderabad, to offer over 7,000 productsThe next store will come up in Mumbai in 2019 which will be bigger than the Hyderabad store with five lakh square feet.
- Ikea to open India distribution centre in Pune by DecemberThe one-lakh square feet warehouse will supply Ikea products to all the upcoming stores in the country. The company plans to open 25 stores.
- Pollution forces Ikea HQ to head out of Delhi-NCRIkea is readying its “temporary” corporate office in Manyata Embassy Business Park in Bengaluru, which will house about 300 staff.
- We don't want consumers to be misled, says Ikea's Patrik AntoniAntoni says that copyright issues are increasing and there is an increase in the cases.
- IKEA appoints Patrik Antoni as Deputy Country Manager, IndiaIKEA, which recently had the ground breaking ceremony for its first India store at Hyderabad, has started hiring for the store, which is sl...
- 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...
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