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Juvencio Maeztu

Ingka Group hikes sustainability investment by 600 million euro for next 12 months

Swedish furniture major IKEA's partner Ingka Group has increased investment by 600 million euro (around Rs 52,00 crore) towards sustainability projects over the next 12 months. After this announcement, Ingka Group's total investments in sustainability projects will rise up...

The IKEA India experience, strategies and future plans

Finally, the wait is over! IKEA, the world’s leading Swedish home furnishing retailer has opened the doors of its Hyderabad store for customers on August 09, 2018.Expressing joy, Peter Betzel, CEO, IKEA India says, “At IKEA the people, the...

IKEA India appoints Peter Betzel new CEO

Swedish home furnishings company IKEA has announced the appointment of Peter Betzel as the new Chief Executive Officer for its India business.He takes over from the outgoing India CEO Juvencio Maeztu, who moves to a global role as the...

IKEA gives a sneak peek to its products and solutions at Hej HOME in Hyderabad

IKEA, the Swedish home furnishing retailer, has opened doors to its first experiential centre - IKEA Hej HOME in Forum Mall, HiTEC city, Hyderabad. Designed for a six month duration, IKEA Hej HOME highlights what IKEA stands for and what...

IKEA Foundation to train Telangana women in retail skills

The IKEA Foundation, IKEA Group's philanthropic arm, in partnership with UN Development Programme (UNDP) and India Development Foundation (IDF), on Wednesday launched a programme for skill building among women for retail sector in Telangana. Under 'DISHA' retail pilot programme, initially...

Bengaluru all set to welcome third IKEA store in the country

Swedish furniture retailer IKEA has acquired land in Bengaluru from the Bangalore Metro Rail Corporation for an undisclosed sum as part of its plans to start retail operations in India. The 14 acres site in Bengaluru is the third land acquisition...

IKEA breaks ground for its first Mumbai store

IKEA, the Swedish home furnishing retailer, celebrated the ground-breaking ceremony of its first store in Navi Mumbai. This is a step towards giving the many people in Mumbai access to IKEA’s well-designed range of home furnishing solutions. The IKEA store,...

IKEA conducts multi-stakeholder workshop to plan Maharashtra store

Global home furnishing retailer IKEA conducted a multi stakeholder workshop in the city to co-create its Maharashtra strategy. The workshop was attended by Government officials, industry leaders, key opinion leaders, IKEA suppliers, NGOs, IKEA management and potential customers, IKEA said...

IKEA to integrate its stores with online trade in India

Gearing up to open its first store in India by 2017, Swedish furniture major IKEA also plans to integrate its outlets with online trading to facilitate customers. According to a PTI report: Besides, the company would explore cities such as...

IKEA appoints Patrik Antoni India’s new Deputy Country Manager

The world’s largest furniture retailer, IKEA, has appointed Patrik Antoni India’s new Deputy Country Manager. Patrik has been a part of IKEA team almost 15 years and has played an instrumental role across verticals in many countries like Sweden, Portugal,...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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