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PETER BETZEL
Ikea announces appointment of Susanne Pulverer as new India CEOIkea operates two big box outlets in India, one each in Hyderabad and Navi Mumbai and in December the world's largest furniture retailer ha...- IKEA set to launch first small-format city store in Mumbai on ThursdaySwedish furniture giant IKEA is set to launch its first small-format city store at Worli here on Thursday. IKEA, which is part of the Ingka...
- IKEA launches online sales service in BengaluruSwedish home furnishings retailer IKEA on Wednesday said it has launched an online sales service in Bengaluru ahead of opening a store in t...
- Ikea rushes to make up lost time on India expansion after delaysThe company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on co...
- Ikea ready to invest more than Rs 10,500 crore in IndiaOn the eve of opening its second brick-and-mortar store in the country in Navi Mumbai, Peter Betzel, CEO at Ikea India, said, India is set ...
- Ikea says it believes more strongly in India post-Covid"Post-Covid, we believe even stronger in India and will unleash our investment and believe it will be in the top five markets in the next t...
- Ikea to open its second Indian store in Navi Mumbai on December 18“We are very excited, as Mumbai is one of our priority markets in India. We have been present online in Mumbai since early 2019 and soon th...
- Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO"Our ambition is to increase sourcing from India in our aim to make a positive impact on the economy and society not just in retail, but al...
- 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...
- Ikea not to pass on duty hike impact on imported furniture to customersIn the Union Budget 2020 announced on February 1, Finance Minister Nirmala Sitharaman announced to increase customs duty on imported furnit...
- More custom duty from furniture to kitchenware: Multiple duties singe IkeaBudget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.
- Ikea plans to expand in tier-II cities in second phaseBretzel also noted that the company has also ensured that 50 per cent of the workforce in Ikea India will be women.
- Ikea India opens online store in MumbaiMumbai will see a multichannel offer including smaller format stores, and a big format store in Navi Mumbai, it said in a statement.
- Ikea to launch e-commerce operation in Mumbai soon: CEOIkea had earlier said it invested over Rs 800 crore in the Hyderabad outlet, which includes an in-house 1000-seater restaurant.
- Ikea to invest Rs 5,000 crore for store in NoidaIkea, which is planning to set-up a large format store in Noida, has signed a MoU with the Uttar Pradesh government for opening of stores
- 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 to launch e-commerce operations in India by March 2019"Ikea will create a multichannel experience for its customers in India. It will launch ecommerce in Mumbai early next summer (March) and in...
- IKEA is now open for business in India: Here's what it offersIkea expects its restaurant biz to drive higher footfalls in India, a sharp contrast to other markets.
- IKEA upbeat on Ecomm, may begin with MumbaiIKEA plans to offer online sales in cities where it can support them with fulfilment, delivery and assembling services.
- Ikea India appoints Peter Betzel as new CEOBetzel will take the lead for Ikea’s expansion into India beginning with the upcoming launch of the first store in the country in Hyderabad.
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