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Peter Agnefjall

IKEA appoints Jesper Brodin new CEO

IKEA Group, the owner of most IKEA budget furniture stores worldwide, said on Wednesday that it has picked company veteran Jesper Brodin to be its new Chief Executive, replacing Peter Agnefjäll who will leave the company. Peter Agnefjäll, will step...

Local sourcing conditions: IKEA for ‘less detailed regulations’

Amid a debate over local sourcing conditions for foreign firms to open retail stores in India, Swedish furniture major IKEA says it is better to have "less detailed regulations" as business will eventually go the place that has the...

IKEA to consider production unit in India

With its first store in India set to open next year, Swedish furniture retailer IKEA will consider setting up a production unit in the country in order to fully tap the potential of 'big middle class' consumers in the...
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UBL, AB-InBev, Carlsberg jointly form Brewers’ Association of India

The three brewers -- UBL, Brewer Anheuser-Busch InBev (AB InBev) -- which owns brands such as Budweiser, Hoegaarden, and...
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