The first non-Swedish person to run Ingka Group vowed to keep prices affordable at a company that operates about 90% of IKEA ...
IKEA has been forced to hike prices on some big-ticket items as companies start to pass along President Trump’s tariffs after months of eating the added costs, according to a report. Over the past few ...
Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business. Tolga Öncü, retail manager at Ingka, which operates most ...
Ikea’s profit after tax fell by 32 percent to €1.5 billion for the 2024–2025 financial year. Henrik Elm, the company’s chief ...
Ingka Investments, the investment arm of IKEA's largest franchisee, is acquiring a significant 153,000 hectares of forest land in Latvia and Estonia for €720 million. This strategic move aims to ...
IKEA retail sales fall for second year in a row More stuff for less - volumes rise and store visits are up Furniture giant says US tariffs caused price hikes on some products STOCKHOLM/LONDON, Oct 16 ...
Fortunately, Phoenix Ørion Grey is here to save the day. The interior designer and social media creator, also known as Design ...
File photo: A customer shops for furniture at an IKEA store. The brand's largest franchisee, Ingka Investments, is acquiring €720 million of forest land in Latvia and Estonia to secure sustainable raw ...
Swedish furniture giant IKEA has launched a new second-hand service in Poland, allowing customers to buy and sell pre-owned items through a dedicated online platform. IKEA is launching a new service ...
IKEA’s low-cost furniture has won it legions of fans around the world. Now President Trump’s tariffs are forcing the company to do something it hates: raise prices. The Swedish brand has slashed the ...
New tariffs (25% upholstered; 10% wood) kicked in Oct. 14, nudging up select IKEA prices (e.g., UPPLAND now $899). Only ~15% of IKEA’s U.S. stock is made here (kitchen cabinets are the exception), so ...
Swedish furniture giant Ikea is set to enter Pune. The company has leased a significant space in Phoenix Marketcity mall. The lease agreement is for 59 months. It already has a presence in several ...