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Home Decor & Furnishing
IKEA to expand operations to 12 new markets
Adjusted for currency impact, IKEA franchisees’ retail sales grew by 4.5 percent in FY18. Total retail sales, which includes sales of both products and services to IKEA customers, amounted to EUR 38.8 billion. India and Latvia became new IKEA...
Home Decor & Furnishing
Founder of IKEA Ingvar Kamprad passes away
The founder of IKEA and Ikano, and one of the greatest entrepreneurs of the 20th century, Ingvar Kamprad, has peacefully passed away, at his home in Småland, Sweden, on January 27. Surrounded by his loved ones, he died at...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth
The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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