Ikea sees record profit and grabs market share January 28, 2014 SWEDISH furniture giant Ikea said rising consumer spending in many of its key markets had helped it achieve record profits last year and increase its market share. The world’s largest furniture chain said profits rose by 3.1 per cent to €3.3bn (£2.7bn) in the year to 31 August 2013, driven by strong growth in China [...]
Ikea sales lifted by Russia and China demand October 14, 2013 IKEA, the world’s largest furniture retailer, said yesterday it had gained market share in nearly all markets last year as it posted a 3.1 per cent rise in full-year sales. The Swedish chain, which is viewed as a bellwether for global consumer demand because of its size, posted sales of €27.9bn (£23.7bn) in the 12 [...]