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IKEA parent Ingka Group CEO: It wasn t rocket science to cut prices

"We’re lowering prices more than we’ve ever done," Jesper Brodin, CEO of IKEA parent Ingka Group, said of slashing prices amid inflation.

Davos 2024: From Ikea to Mastercard, here s why global leaders believe India is a bright spot

Despite an air of pessimism prevailing among policymakers and global corporate leaders due to ongoing geopolitical risks, inflationary pressures, and rising interest rates, many have highlighted the underlying fundamentals that favour India s growth.

Davos 2024: IKEA plans 20% price cut in India, says Deputy CEO Juvencio Maeztu

Juvencio Maeztu, Deputy CEO of Ingka Group, the company that runs IKEA, said that the home furnishing brand will be expanding its store count and enhancing its online footprint in India.

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