IKEA
Home Decor & Furnishing
IKEA announces contest ahead of first India store
IANS -
IKEA, the Swedish home furnishing company, on Wednesday announced a contest in which the winners will experience behind-the-scenes of its first TV commercial to be shot in Bangkok.IKEA is ready to launch its first store in India in Hyderabad...
Home Decor & Furnishing
IKEA signs MoU with Gujarat state to open stores, invest Rs 3,000 crore
Swedish home furnishings chain IKEA said it has signed a memorandum of understanding (MoU) with the Gujarat government to set up its stores in the state with an expected investment of up to Rs 3,000 crore in the long term.As per...
Retail Hub
Indian Fashion Retail Industry: Putting on the ritz
Fashion plays an important role not only individually but also in society. It allows us to define our own style and personality, outline us as individuals and opens doors of acceptance in modern society.With the rising importance of fashion...
Home Decor & Furnishing
IKEA introduces ‘Day Care Benefit’ for all co-workers in India
IKEA, the Swedish home furnishings company, has announced its day care benefit program for its coworkers at upcoming stores in India.The program was flagged off by Peter Betzel, CEO, IKEA India during an event to celebrate International Women's Day...
Home Decor & Furnishing
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...
Home Decor & Furnishing
IKEA to invest Rs 3,000 cr in Maha for stores, experience zones
Swedish furniture retailer IKEA will invest Rs 3,000 crore in the state over the long-term to set up multi-format stores as well as experience centres."We will be investing close to Rs 3,000 crore over the long-term in the state...
Home Decor & Furnishing
IKEA opens Rs 100 crore distribution centre in Pune; to invest Rs 750 crore in Maharashtra
Swedish home furnishing major IKEA has opened a Rs 100-crore distribution centre in Pune, and is also scouting for land in Maharashtra to build more facilities at an investment of Rs 750 crore, a senior company executive has said."We...
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...
Home Decor & Furnishing
IKEA wins circular economy award at World Economic Forum
IKEA has been selected as winner in The Accenture Strategy Award for Circular Economy Multinational at the world Economic Forum in Davos.IKEA has won this award in recognition of its work leading to sustainable transformation of the IKEA business...
Retail
5 retailers who are turning virtual reality into reality
Virtual reality, largely touted as the future of retail is a phenomenon wherein brands create fully immersive, contextual experiences that reach beyond existing physical and digital channels. This new – and fantastically, almost real, and tailored – shopping experience...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn
Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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