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IKEA RUSSIA
Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...- 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...
- Fire rages through shopping mall in Moscow suburbsThe conflagration spread over an area of about 7,000 sq m (75,000 sq ft) in the Mega shopping centre in Khimki near the Russian capital, au...
- '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...
- Russians buy last goods from H&M, IKEA as stores wind downThe racks and shelves were well stocked in the clothing retailer. Nearby shops were closed, including Zara, Oysho, Bershka, Pull and Bear a...
- Ikea to sell inventory, find new owners of Russia business"The war in Ukraine has already had a terrible impact on so many people's lives. It is a human tragedy that is continuing to affect people ...
- Nike halts sales to retailers in RussiaThe move affects licensed retailers as Nike shuttered company-owned stores two months ago soon after Moscow sent troops into the neighborin...
- Ericsson suspends all Russia operations indefinitely over Ukraine warHundreds of Western firms ranging from Ikea to Coca-Cola, Goldman Sachs and McDonald's have stopped operations in the country since the inv...
- 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...
- Ikea may entice with malls next to its big storesIkea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...
- For Ikea, India may be most challenging market yet: Henrik ElmIkea’s global purchase development manager Henrik Elm told Ratna Bhushan in an interview that India, a “change driver,” might be the most c...
- 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, ...
- 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 seeks more time to meet 30% mandatory local sourcing normIKEA has told the Indian government it will need more time to meet the 30% mandatory local sourcing rule because of its sustainability pled...
- Ikea Is Buying Up Whole Forests, And So Is AppleSome companies are going further down the supply chain to manage the provenance of their materials-by buying up the forests that source the...
- Beyond borders: Marketers’ linguistic blundersPepsi’s tagline “Come alive with the Pepsi Generation” This tagline in some translations reads “Pepsi brings your ancestors back from the g...
- Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
- Metro, Ikea chiefs to meet Anand Sharma this weekHeads of global retail majors, Metro and Ikea, will meet Anand Sharma in St Petersburg this week to discuss investment prospects in India.
- Metro, IKEA chiefs may meet Anand Sharma in Russia this weekCEOs of Germany's Metro AG and Sweden-based IKEA are likely to meet Commerce and Industry Ministry Anand Sharma in Russia this week.
- Sweden's Ikea pitches to enter IndiaSwedish home furniture giant Ikea pitched on Monday for fast-growing India to open up its huge retail market to foreigners and said it plan...
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