IKEA’s parent company buys forestland in US
Ingka Group, the parent company of IKEA, has announced it has acquired forestland property in the U.S. from The [...]
January 19, 2021
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IKEA plans to enter Indian wood market delayed due to Covid-19 pandemic
IKEA India’s plans to enter in the wood market have been delayed because of the Covid-19 pandemic.  [...]
December 18, 2020
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IKEA loses 1.5 billion euros due to corona crisis despite surge in online sales
IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]
October 13, 2020
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IKEA to invest 150 million euros in Spain
IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]
July 28, 2020
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IKEA plans to review its Ukrainian wood supply after critical report
Furniture retailer IKEA said on Tuesday it would review its wood supply chain in Ukraine after a report by a [...]
June 28, 2020
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Ikea faces allegations it used illegally logged timber from Ukraine
Some of Ikea’s wood products may have been made with illegally sourced timber from ancient forests in Ukraine.  [...]
June 25, 2020
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IKEA to start reopening stores in Europe in May; sales dropped 60% during closure
IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May [...]
May 4, 2020
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IKEA making masks to help fight coronavirus
Furniture giant IKEA is producing face masks and other protective gear for hospitals, joining a growing list of companies branching [...]
April 7, 2020
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IKEA to close all its furniture stores in Germany
In order to protect the safety of customers and employees and to limit the further spread [...]
March 18, 2020
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IKEA starts selling its products on Alibaba; aims to extend on the Chinese market
IKEA on Tuesday (Mar 10) started selling its products on Alibaba's Chinese e-commerce platform Tmall, the [...]
March 10, 2020
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