Beter Bed Holding’s second quarter turnover grew to 94.6 million euro, up 5.3 % compared to last year. Even if the Sängjätten acquisition is excluded, the company still posted nice growth numbers.
A new Scandinavian design brand will venture into Belgium: Danish Bolia opened its first Belgian store on 22 June in a very special location: the “Wolweverskapel” (the wool weaver’s chapel) in the Kortedagsteeg in Gent.
Technology company Apple and furniture store chain Ikea are collaborating on augmented reality that should be revealed in the fall. The app should give customers the opportunity to see how their purchase fits their own interior.
Swedish furniture chain Ikea wants to launch a pilot program next year, which would bring the chain’s products to third-party web shops like Amazon or Alibaba.
Ikea’s current CEO, Peter Agnefjäll, has announced he will step down on 1 September after a five-year stint. At that time, Jesper Brodin will take charge of the Swedish group.
Dutch Beter Bed Holding has raised its first quarter turnover by 7.6 %, partially thanks to its acquisition of Sängjätten. However, excluding that, turnover would still have grown 5 %.
Jysk, considered to be Ikea's Danish counterpart, will open its first Belgian stores in Schoten and Genk tomorrow. Lanaken will follow with its own store in May and Olen in September.
Ikea will present the living room of the future this week. During the Milan designweek, Salone del Mobile, the furniture store chain will open the Ikea Festival Let's Make Room for Life.
According to British business bank Morgan Stanley, Benelux discounter Action is worth about 10 billion euro, a “conservative calculation”. Majority shareholder 3i’s share immediately skyrocketed.
Swedish furniture store chain Ikea is testing two virtual kitchen applications in three of its stores: one in Canada, one in Sweden and one in Belgium (Hasselt). The apps should help customers plan their kitchen better and enhance customer experience.
Changes in Britain's copyright law, now in line with the European Union's legislation, will mean the end of web shops selling cheaper design furniture knockoffs.
Swedish Ikea group acquired a 15 % minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling plant. It is a sign of how important a circular economy is to the company.
Swedish furniture store chain Ikea aims to build a new type of store in the United Kingdom, one with a larger focus on sustainability. The plans, which still have to be approved, have met with some resistance from locals.
German shoe brand Birkenstock launched a collection of beds at a Cologne furniture convention. Similar to its shoes, the beds contain a lot of cork and latex.
Dutch store chain HEMA continues its European expansion with its fourth store in the Spanish capital, Madrid. It is its fifth Spanish store overall, with another two arriving soon.
