Ikea has already shut one store in mainland China this year and could close another in Shanghai in early July. The Swedish furniture and home goods chain said Monday that it was considering shutting ...
Ikea is coming under fire in China for how it describes Taiwan, making it the latest in a string of global brands that have fallen foul of Beijing's political sensitivities. Ikea is coming under fire ...
But as Brodin toured the world talking to Ikea’s customers and workers, he realised something was wrong. The disrupter was ...
BEIJING – The outpouring of international aid to the Philippines makes China’s contribution for typhoon relief look like a trickle: Several countries and even Swedish furniture chain Ikea have done ...
STOCKHOLM (AP) — Ikea, the world’s largest furniture retailer, says its sales are growing globally, with China now its fastest growing market. The Swedish company says sales rose nearly 6 percent to ...
In 2021, the company announced it was testing a new concept for smaller stores in urban locations in China and Europe. “Customers can expect to become ‘part of the furniture’ by lounging around in the ...
BEIJING (Reuters) - Sweden's IKEA said on Friday the contribution from Asia-Pacific to the group's total sales could triple to 10 percent within six years, creating a huge challenge for the world's ...