HomeTown and Homestop to expand their product portfolios, tapping a wider set of consumers
One of the trickiest elements of the furniture business is offering the right combination of variety, quality and price
Ikea's officials and the company's 800-strong Hyderabad team celebrated the first year of its first India store on Friday
Ikea has identified Mumbai as the first city where it will begin its online service and is expanding the reach of home delivery through its pilot launch
The company said that the move was part of its global campaign - A Better World Starts at Home - launched with a Euro 40 million grant provided by IKEA Foundation
Ikea's move towards supporting a more circular economy comes as many young consumers say they want to minimise their impact on the environment
Indian consumers are getting used to better decor and IKEA is is teaching Indians to plan and buy furniture
We are planning to invest €5.8 billion globally in creating 'meeting places' around the world, says Groener
In a first, the Swedish furniture retailing giant Ikea has partnered with the city-based developer Rustomjee to offer designer, furnished homes at upcoming township project Global City at Virar near here. The home furnishing and accessories major Ikea will design around 1,200 units of 1& 2 BHK apartments priced between Rs 41 lakh and Rs 52 lakh, respectively. Rustomjee is looking at a revenue of Rs 700 crore from this project alone with this partnership, the companies told reporters Monday. "This is for the first time a global brand like Ikea has partnered with a developer to provide fully furnished apartments with a range of product offerings from Ikea. We are developing 1,700 apartments in this phase of the project, of which nearly 1,200 will have Ikea home furnishings," Rustomjee chairman Boman Irani said. He further said this association will not be limited to the Virar project in the neighbouring Palghar district, but will take it forward to other upcoming ...
The multinational will sign MoU with UP government for opening retail stores
The start-ups would receive a potential partnership or investment from Ikea
As a first step, the initiative focuses on the northern parts of India, including the NCR that covers cities such as New Delhi, Gurugram and Faridabad
Ikea opened its first store in the country in Hyderabad in August, where it employs 1,000 people
IKEA's foray into Bengaluru will create hundreds of jobs with manufacturing in the state
On whether online trade would be their focal point to generate revenues in coming days, Betzel said Ikea was looking at total integration of both platforms
IKEA, which makes most of its sales in Europe, opened its first store in India this year and announced plans to enter Latin America, starting with Chile in 2020 followed by Colombia and Peru
IKEA is set to open its second store in Mumbai later this year and would hold a ground-breaking ceremony on October 11 in Bengaluru
Opened less than a month ago on August 9, the 400,000 square-foot IKEA home-furnishing store received a huge public response
IKEA sources around Rs 20 billion of natural fibre and bamboo for its furniture
In 2006, Ikea said it was studying the Indian market and would be here in five years if foreign ownership regulations changed