IKEA ready for potential tariffs under ... ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.
The company, which owns most IKEA stores globally and accounts for around 90% of retail sales, reported a net profit of 806 million euros ($845.5 million) for the year to the end of August ...
This fall, Ingka said it had invested €2.1 billion in cutting prices across a range of products. The company said that the lower pricing combined with high interest rates and continued inflation ...
Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough economic conditions weighed on the bottom line. The Swedish flat-pack ...
Its operating profit margin was 3% on an operating profit of 1.3 billion euros, down from 2 billion euros in 2023. The retailer, which runs stores in 31 countries and accounts for 90% of global IKEA ...
The retailer, which runs stores in 31 countries and accounts for 90% of global IKEA sales, said it prioritised affordability over profit, investing 2.1 billion euros in lowering prices on items ...