People at a branch of Ikea on June 3, 2022 in Shanghai, China. On Sunday, Shanghai locked down an Ikea store amid a COVID-19 scare. ... University of London. Languages: English, Russian.

By cutting prices so deeply, Ikea is bucking the trend as a slew of Western retail brands have warned of price hikes, passing ...

MALMÖ, Sweden (Reuters) -China is still a key growth market for budget furniture retailer IKEA despite the world's second-largest economy showing signs of strain, executives at the biggest IKEA ...

Sweden’s IKEA said on Thursday that it has temporarily closed all its stores in China because of the outbreak of the new coronavirus. The decision to close all of its 30 stores follows an ...

Ikea has apologised and pulled a controversial television advertisement in China which some said was sexist. The commercial by the Swedish furniture chain shows a mother scolding her daughter for ...

BEIJING, Aug. 22 (Xinhua) -- Global home furnishing giant IKEA plans to increase its investment and presence in China as part of the company's localization strategy to expand its business and cater to ...

By increasingly stocking Ikea's Chinese shops with China-made products, Mr. Duffy pushed prices on some items as low as 70% below prices in Ikea outlets outside China. For example, an Ikea's ...

According to IKEA China, the company has invested over US$100 million in building the new Beijing store. It covers 107,723 square meters and provides customers with around 7,000 items.

An IKEA store in southwest China's Chongqing Municipality resumed business on Tuesday, with an opening time from 10:00 a.m. to 6:00 p.m. According to the store staff, the central air conditioning ...

The company's turnover in China in the 2004 fiscal year ending on August 24 surged by 50 per cent to 1 billion yuan (US$120.7 million), the best growth result in IKEA worldwide.

China is still a key growth market for budget furniture retailer IKEA despite the world's second-largest economy showing signs of strain, executives at the biggest IKEA store owner said on Thursday.

Ikea has apologised and pulled a controversial television advertisement in China which some said was sexist. The commercial by the Swedish furniture chain shows a mother scolding her daughter for ...