ikea


IKEA Stores Owner Ingka's Annual Operating Profit Rises 9%

World - Published date: .

The world's biggest furniture retailer said operating profit in the 12 months through August was 2.04 billion euros ($2.... Read more

Ikea India Net Loss Widens To <span Class='webrupee'>₹</span>902 Crore In FY22; Sales Up 77%

World - Published date: .

The company's revenue from operations was up 77.07 per cent to ₹1,076.1 crore Read more

Ikea India Revenue Up 73% In FY22, But Loss Widens

World - Published date: .

Total expenses of Ikea India, known for its DIY furniture range, grew 39% to ₹2,027 crore in the fiscal, up from ₹... Read more

Ikea Invests Additional Rs600 Crore In India Business

World - Published date: .

The company already pumped in Rs850 crore into the India business earlier this year Read more

IKEA's Retail Operator To Invest 500 Mn Euros To Open City Centre In Noida

Banking - Published date: .

In India, IKEA has opened smaller stores within city limits as it aims to be closer to the customer Read more

Sweden's IKEA To Open Large-format Store In Bengaluru On June 22

Banking - Published date: .

The large-format store, spread over 12.2 acres (460,000 square feet), will be connected to the Nagasandra metro station ... Read more

Ingka-owned IKEA India To Launch First Store In Bengaluru On June 22

Banking - Published date: .

IKEA India (part of the Ingka Group), Swedish home furnishings retailer, said it will launch its first store in the city... Read more

Netflix, KPMG, PwC, AMEX Sever Ties With Russia

Breaking - Published date: .

Russian President Vladimir Putin vowed to press ahead with his offensive. Read more

IKEA Opens First High Street Mall And IKEA Store In UK, Eyes London Spending Spree

Breaking - Published date: .

The next inner-city IKEA store in London is due to open in the autumn of 2023 Read more

Ikea-backed Livspace Turns Unicorn With $180 Million KKR-led Funding

Banking - Published date: .

The home renovation platform is the 86th "unicorn" from India, according to Venture Intelligence Unicorn Tracker Read more

IKEA Enters Gujarat Through Online Store And Shopping App

Banking - Published date: .

Swedish home furnishings retailer on Friday announced the launch of its mobile shopping app and e-commerce offer in thre... Read more

Ikea Rushes To Make Up Lost Time On India Expansion After Delays

Banking - Published date: .

The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Ben... Read more

Ikea Arm To Set Up First Shopping Mall In India For Rs 5,500 Cr

Banking - Published date: .

48,000 sq m land acquired in Noida; experts say proposed mall will take 2-3 years to build Read more

IKEA Planning First India Shopping Mall In Noida, To Invest Rs 5,500 Cr

Banking - Published date: .

IKEA said it had bought a 48,000-square-metre plot in the city and would develop the new site into a mall anchored by an... Read more

IKEA India FY20 Loss Widens To Rs 720 Cr; Net Sales Up 64.7% At Rs 566 Cr

Banking - Published date: .

Furniture retailer IKEA India saw its net loss widen to Rs 720.1 crore in the financial year ended March 2020 Read more

IKEA To Open Navi Mumbai Store Friday; Plans More Investment In Maharashtra

Banking - Published date: .

The world's largest furniture retailer IKEA said it will open its second store in the country in Navi Mumbai on Friday a... Read more

Ikea To Launch Its Second Physical Store In India At Navi Mumbai On Dec 18

Banking - Published date: .

After first store in Hyderabad in 2018, firm took online route with e-stores in Mumbai, Hyderabad and Pune. Latest launc... Read more

Ikea To Open Second Indian Store In Navi Mumbai On December 18

Banking - Published date: .

The over five lakh sq ft store would be the second store for Ikea in India after Hyderabad, where it had opened its firs... Read more

Ikea Launches 'Buy Back' Offer On Furniture In Effort To Push For Recycling

Breaking - Published date: .

The Swedish furniture giant will offer vouchers worth up to 50% of the item's original price which customers can spend a... Read more