- 1. Ikea devises plan to achieve operational profitability in India ...
- (Apparel)
- 12 February 2025, Mumbai Ikea India has devised a clear plan to achieve operational profitability in the domestic market within the next few years. According to Sussane Pulvever, Chief Sustainability ...
- Created on 12 February 2025
- 2. IKEA's multifaceted India approach includes setting up Lykli or ‘meeting places’ ...
- (Apparel)
- From furniture giant to community hub, IKEA is reimagining the retail landscape in India with its ‘Lykli’ brand, signalling a significant shift in the company's strategy and investment approach. The Swedis ...
- Created on 11 October 2024
- 3. Ikea India to restrict upcoming store sizes to 30,000 sq ft-70,000 sqft ...
- (Apparel)
- 18 September 2024, Mumbai As a part of the second phase of its brick –and- mortar expansion in India, global homeware and lifestyle retailer Ikea India plans to limit the size of its upcoming stores ...
- Created on 18 September 2024
- 4. IKEA Revamps India Strategy: Smaller stores, bigger reach ...
- (Apparel)
- 12 July 2024, Mumbai IKEA, the Swedish furniture giant, is shifting gears in India. After establishing a foothold with large format stores in major metros, the company is now setting its sights on a ...
- Created on 12 July 2024
- 5. Ikea to introduce scaled-down store concept in India ...
- (Apparel)
- 08 July 2024, Mumbai Diverting from its previous plans to set up larger outlets in the Delhi NCR region, Ikea aims to introduce a scaled-down store concept in India. These stores will spread across 25,000 ...
- Created on 08 July 2024
- 6. India, a prominent market for Ikea for future investments: Jesper Brodin, CEO ...
- (Retail)
- India holds a prominent place in Ikea's investment strategy, says Jesper Brodin, Global CEO, Ingka Group. expressing admiration for the country's rapid development in both digital and physical infrastructur ...
- Created on 28 February 2024
- 7. IKEA India targets kidswear for growth ...
- (Retail)
- Recognising the importance of young consumers both globally and in India, IKEA India plans to focus on the kidswear category to drive growth in India. The retailer has seen consistent growth in this segment, ...
- Created on 09 February 2024
- 8. IKEA to initiate fresh investment round in India ...
- (Retail)
- Soon after completing its initial investment of Rs 10,500 crore, Swedish furniture giant, IKEA plans to initiate a fresh round of investment in India. The company plans to expand its presence, increase ...
- Created on 05 February 2024
- 9. Walmart & Ikea feel India is good despite losses ...
- (Lifestyle)
- 31 October 2022, Mumbai: Walmart and Ikea face losses in India despite a surge in sales. Walmart India – which owns and operates 28 cash and carry wholesale stores – posted a six percent jump in revenue ...
- Created on 31 October 2022
- 10. Ikea India sales up ...
- (Retail)
- 29 October 2022, Mumbai: Ikea India sales went up by 77 percent in fiscal 2022. Total income went up by 73 percent. Total operating expenditure, excluding interest, depreciation, and amortization, was ...
- Created on 29 October 2022
- 11. IKEA India to increase local sourcing ...
- (Retail)
- 29 July 2022, Mumbai: IKEA India plans to increase local sourcing and cut product prices to attract consumers amid rising prices. SussanePulverer, CEO, IKEA India has increased the prices of some of ...
- Created on 29 July 2022
- 12. Ikea appoints Murali Iyer as new CFO for India business ...
- (Lifestyle)
- 09 July 2022, Mumbai: A part of the Ingka Group, Swedish home furnishing retailer Ikea has appointed MuraliIyer as its new chief financial officer (CFO) for its India business. Iyer will replace Preet ...
- Created on 09 July 2022
- 13. IKEA India: Murali Iyer appointed as CFO ...
- (Retail)
- 09 July 2022, Mumbai: IKEA India has announced the appointment of Murali Iyer as its new chief financial officer, Iyer takes over from Preet Dhupar. Ikea’s most recent store opening was in Bengaluru ...
- Created on 09 July 2022
- 14. IKEA India’s maiden Bengaluru store to feature over 7,000 products ...
- (Retail)
- 22 June 2022, Mumbai: IKEA India’s first store in Bengaluru will feature over 7,000 affordable, sustainable and well-designed products from the brand. Spread over 12.2 acre, the 460,000sq ft. store ...
- Created on 22 June 2022
- 15. IKEA India to expand with new store in Bengaluru ...
- (Retail)
- 01 June 2022, Mumbai: IKEA India will expand its retail footprint by opening a new store in Bengaluru. To be connected to the Nagasandra metro station, the store will be accessible to many people in ...
- Created on 01 June 2022
- 16. Ikea India to make products more affordable through increased local sourcing ...
- (Retail)
- 30 April 2022, Mumbai: Ikea India plans to increase local sourcing of products to make them more affordable and also help the company create more jobs and enhance skills. The company plans to increase ...
- Created on 30 April 2022
- 17. Ikea India appoints Adosh Sharma as Country Expansion Manager ...
- (Retail)
- 22 April 2022, Mumbai: Swedish home furnishings retailer Ikea has appointed Adosh Sharma new Country Expansion Manager. Sharma will lead Ikea India’s expansion and growth plans. He will take over ...
- Created on 22 April 2022
- 18. IKEA India: Susanne Pulverer, First woman CEO ...
- (Retail)
- 04 March 2022, Mumbai: In comes Susanne Pulverer in place of Peter Betzel as IKEA India's CEO and chief sustainability officer (CSO). *Susanne Pulverer, IKEA India’s new CEO, said India is a prioritise ...
- Created on 07 March 2022
- 19. Ikea's internet sales in India have more than doubled in the last two years ...
- (Lifestyle)
- 10 December 2021, Mumbai: Ikea, a supplier of home goods, textiles, and furniture, has seen its online sales in India more than quadruple in the last two years. Online sales have also risen from roughly ...
- Created on 10 December 2021
- 20. IKEA India online sales more than 2x in two years period ...
- (Retail)
- 10 December 2021, Mumbai: Ikea has more than doubled its online sales in India within two years thanks to the coronavirus pandemic which forced people to shop from home. From around 12% before the ...
- Created on 10 December 2021
