IKEA India accelerates expansion plans, focuses on local sourcing, and aims to open 5-6 new stores annually for growth.

The new tariff regime by the US under the Trump administration will have economic consequences, however, there is still a lot of uncertainty over its impact, said Ingka Group CEO Jesper Brodin. Ingka ...

Ingka Group (IKEA) today announced that Juvencio Maeztu, currently Deputy CEO, will be appointed Chief Executive Officer, ...

Almhult [Sweden] August 19 (ANI): Jesper Brodin, CEO of Ingka Group, announced that IKEA, which is part of the Group, will ...

Ingka Group CEO Jesper Brodin discusses the challenges and strategic plans IKEA faces in response to US tariffs. While ...

Ingka Group pilots new, smaller IKEA store concept to expand brand accessibility globally with positive initial response.

He noted that the company will continue to refine and adapt these principles to suit the Indian market, taking into account the learnings from the new format pilots. The aim is to make IKEA more ...

IKEA follows the September-August financial year. While speaking with a media delegation, Ingka Group Retail Manager Tolga Öncü said that the company is confident of its expansion in the Indian market ...

IKEA forecasts over 10% sales growth in India for FY25. Plans to expand its network with small and large format stores across ...

Swedish furniture and home furnishing retailer IKEA expects its India sales to grow by over 10 per cent in the financial year ...

IKEA India reported 10% year-on-year growth in August 2025 as it pilots smaller, cost-efficient store formats integrated with ...

Swedish furniture retailer IKEA, in order to push its growth further, is experimenting with a new format of stores that are smaller in sizes but accessible to consumers in smaller towns.      The ...