SHANGHAI: Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (RM3.5bil) in China in the fiscal year 2023. The investment will be used for further ...

BEIJING: Global home furnishing giant Ikea will invest 6.3 billion yuan in China over the next three years to add physical stores and improve its existing logistics, digitalisation and ...

On Monday, the President-elect announced plans for hefty international tariffs, including on three of America’s biggest trading partners: Canada, Mexico and China. Around 30 percent of Ikea’s ...

Some 30% of IKEA products are sourced from Asian countries including China, with 70% coming from Europe, said Ingka Group CFO Juvencio Maeztu, adding that the biggest IKEA retailer is “closely ...

Furniture and home accessories producer IKEA's supply chain operations launches its first batch of smart-driving electric trucks in China. [Photo provided to chinadaily.com.cn] Furniture and home ...

Ikea Hong Kong released an advertisement on their official Facebook last Saturday for an ice-cream dessert which has garnered online criticism from netizens. The ad is for a bean curd flavoured ...

IKEA has been mainly sourcing textiles which ... to its partners to drive growth in terms of investments and technology.China is the largest sourcing hub for the furniture giant but Gunnerling ...

MALMÖ, Sweden, Feb. 10, 2025 /PRNewswire/ -- The largest IKEA report ever, surveying over 55,000 people across 57 markets, reveals that Mainland China ranks highest in sleep quality, while Norway and ...