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 ...

IKEA Group, the world's biggest furniture retailer, will maintain or raise already high levels of investment in coming years as it adapts to fast-changing shopping habits, its new CFO said on ...

Juvencio Maeztu, Ingka’s deputy CEO and chief financial officer, told Fortune the company was putting aside $1.1 billion so it could avoid passing on rising costs to customers, a switch from the ...

Rental meets IKEA's three main strategic objectives: being more affordable, more convenient and looking after planet, said IKEA finance chief Juvencio Maeztu, noting that young people increasingly ...

IKEA’s priority, said Juvencio Maeztu, is to get a better feel for the market first. "At this point of time we have many questions about the Indian market. We need to get information.

Find Ikea S India Chief Executive Officer Juvencio Maeztu Latest News, Videos & Pictures on Ikea S India Chief Executive Officer Juvencio Maeztu and see latest updates, news, information from NDTV ...

The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in an attempt to coax more cost-conscious shoppers into its big blue ...

Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it offset higher input costs as well as compensate for costs incurred ...

Juvencio Maeztu, Ingka’s deputy CEO and chief financial officer, told Fortune the company was putting aside $1.1 billion so it could avoid passing on rising costs to customers, a switch from the ...

The quantities of items like $229 mattresses and $149.99 wardrobes sold by IKEA has increased thanks to price reductions, Maeztu added. Previous price hikes had dented the volume of products sold.

Maeztu hopes to draw on his recent experience as IKEA's manager for India, where in 2012 the Swedish group was the first foreign single-brand retailer to get approval to open stores in the country.