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Ikea’s Ingka Centre to brand its India malls Lykli

The first shopping centre by the name Lykli is slated to open at Gurugram in 2025 New Delhi: Ingka Group, the parent company of Ikea, on Wednesday announced that it plans to brand its upcoming shopping centres in the country as Lykli. Ikea’s...

H&M to launch its home products in Select Citywalk

H&M had closed one floor of its 25,000 sq. ft. store in the mall for renovation and to carve out a space for its home productsNew Delhi: International fashion retail chain Hennes & Mauritz (H&M) is launching its home...

Ikea’s Ingka partners with PVR Inox to open multiplex at upcoming Gurgaon centre

PVR Inox will open a 9-screen movie theatre at the Ingka centre in Gurgaon which is scheduled to open in late 2025New Delhi: Ingka Centres, part of Ikea's retail operator Ingka Group, has partnered with PVR Inox for its...

Ikea scouting for mall space for smaller stores in Delhi NCR

Ikea is looking for around 70,000 sq. ft. space in various malls in the New Delhi region to open its smaller city-centre format store New Delhi: Ikea, the world’s largest furniture and homeware retailer, is aggressively scouting for space in...

Five routes for foreign retail brands to enter India

Five routes foreign brands can take to enter India’s attractive yet complex brick-and-mortar retail market New Delhi: India allows 100% foreign direct investment (FDI) in e-commerce marketplaces. However, such companies are not allowed to stock and sell products on their...

Ingka Group records total revenue of €42.0 billion in FY22

The company also progressed towards its investment goal of €6.5 billion in renewable energy by 2030, by investing and committing a record €0.9 billion in renewable energy projects Bengaluru: Ingka Group, the parent company of IKEA India reports a revenue of...

Ikea cuts prices on select articles by 16-39 pc in India

Broader lines of products where the price cuts have happened include living room articles, storage, kitchen, mattresses and bedroom furniture Mumbai: European furniture retailer Ikea has cut prices on a sizable part of its over 9,000 articles on offer in...

Ikea India introduces its first external click-and-collect point in Bengaluru

Situated at Electronic City the collection point is managed by its logistic partner GATI Bengaluru: Ikea India, the Indian arm of Swedish home furnishings major, launched its first External Collection Point for Click and Collect orders in Bengaluru’s Electronic City in...

Ikea kicks off construction process of its Noida store

The site will be home to India’s first Ingka Centre, a multi-storey retail destination with Ikea as the anchor and other brands as tenantsNew Delhi: Ingka Group, the parent company of Ikea, has started the process to construct a...

Zara in talks with Mall of Asia in Bengaluru for a 9,000-sq. ft. Zara Home standalone store space

A move that comes close on the heels of rivals Stockholm-based H&M and London-based Marks & Spencer launching their home wares in India last year New Delhi: Inditex SA is in talks with Phoenix Mills Ltd to open a standalone...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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