When Neha Mandlik moved to India's western city of Ahmedabad in October, she bought Ikea furniture and bric-a-brac for her new home. Ms Mandlik ordered study tables, stools, lamps, a carpet ...

Swedish furniture giant Ikea has opened its first store in India in the southern city of Hyderabad. With a growing middle class, India could be a big opportunity for the company, but it is also a ...

Ikea's India sales have grown by 5% in FY24, marking its slowest expansion since entering the market six years ago. The net ...

IKEA's net loss for FY24 widened by 15% to ₹1,303 crore, owing to heavy investments in distribution centers and new stores.

Ikea India, a leading furniture and home furnishing retailer, reported widening of losses to Rs 1,299.4 crore in FY24, ...

Furniture retailer Ikea India appoints Adosh Sharma as country expansion manager Adosh will be a part of the leadership team reporting to Susanne Pulverer, who was recently appointed as Ikea India ...

Ikea's net loss widens by 15% to Rs 1,303 crore between August 2023 and September 2024 due to significant investments in ...

IKEA India's total income also grew by 5.12%, reaching Rs 1,852.7 crore in fiscal 2024, compared to Rs 1,113 crore in the ...

New Delhi, Swedish furniture retailer IKEA is looking at the next round of investment in India after exhausting its commitment of Rs 10,500 crore when it entered the country 10 years back ...

For the $42-billion Swedish-founded, Dutch-headquartered home furnishings giant, cracking the India market is important. IKEA clinched the title of the largest furniture retailer in the world in 2008.

IKEA India reported a widening loss of Rs 1,299.4 crore in FY24, despite a 4.5% revenue increase to Rs 1,809.8 crore. The ...