Ikea to cut furniture prices as supply chain starts to ease

Ikea has promised to pass on cost savings to customers by cutting…

IKEA’s sales grow 6.6% in FY 2023

Inter Ikea Group has reported that the total retail sales for Ikea…

Layoffs hit polish Ikea factory amidst industry challenges

Layoffs have commenced at the Polish Ikea factory in Goleniów, Poland. Over…

IKEA retail announces biggest ever investment in US

Ikea is investing more than $2 billion in the U.S. for growth…

Invest Plus became the owner of Russia’s largest IKEA asset

Invest Plus LLC has completed a deal to purchase Russia’s largest production…

Sale of IKEA Russian factories in Russia receives approval

On February 15, the Russian government commission approved a deal to sell…

IKEA replaced Russian wood with more supplies from the Baltics and Sweden

IKEA is using more wood from Sweden and the Baltics to make up…

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial…

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial…

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading → The post Ikea announces further investments in Chinese market appeared first on Timber Industry News.