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L Catterton, an investment firm supported by luxury goods group LVMH, has entered into a strategic partnership with Seki Furniture, a prominent furniture producer and retailer in Japan. Established in Okawa in 1968, Seki Furniture originated as a wholesaling…
IKEA is set to make a splash in New Zealand with its inaugural store opening at Sylvia Park, Auckland, on December 4. Spanning an impressive 34,000 square meters, this expansive outlet will showcase a staggering array of over 7,500 products, which local…
In a bold leap towards modernization and urban adaptation, Swedish home furnishings behemoth IKEA is expanding its footprint across India. The retailer is introducing a fresh approach that encompasses compact city storefronts, expansive mixed-use…
Singaporean home furnishings company, Castlery, has extended its reach by opening an e-commerce store in the United Kingdom. This move signifies the brand’s initial foray into the European marketplace. The online store showcases an extensive variety of…
As retail dynamics continue to evolve across Asia, innovation and adaptability remain at the forefront of success. In a recent development, a wave of retail businesses is harnessing the power of artificial intelligence (AI) to enhance customer experience and…
The world’s largest Ikea store, Ikea Pasay City in Manila, is set to open its doors to the public this month after being delayed due to the Covid-19 pandemic. Ikea Pasay City also marks the chain’s first location in the Philippines. The 67,760sqm store,…
It might not be as good as picking up those meatballs on your way home, but IKEA is launching an online marketplace for Aussies to buy and sell second-hand products. The new ‘As-is’ scheme will be piloted, allowing their members to browse second-hand IKEA…
Furniture companies in Binh Duong are proposing more autonomy in imposing Covid-19 measures as they reopen after months of social distancing. Members of Binh Duong Furniture Association said due to the limited number of government workers, their proposals to…
Global furniture and homewares retailer Ikea has expanded its Buy Back & Resell concept into the US with a three-week trial in the Pennsylvania city of Conshohocken in suburban Philadelphia. Ikea piloted the concept in the UK in 2019 before launching two…
Vietnam has overtaken China as the largest furniture exporter to the U.S. as tariffs drive manufacturers out of the world’s second-largest economy. Vietnam exported $7.4 billion worth of furniture to the U.S. last year, compared to China’s $7.33 billion. This…
Hong Kong furniture retailer Pricerite has introduced its first online food range, Pricerite Food, fronted by Hong Kong rising star, actor Liu Junqian. According to the company, Pricerite Food’s philosophy is to promote a “slow living” lifestyle amid the…
KEA announced a partnership with ASUS Republic of Gamers in September 2020, and the fruits of that team-up are now appearing, right on schedule. As expected there is a wave of products releasing for customers in China, ahead of an expected launch for Western…
IKEA has launched the first-of-its-kind planning studio powered by Singapore-based interior design and renovation platform, Livspace. IKEA and Livspace have provided consultation to hundreds of homeowners in Singapore since the partnership started at the end…
After almost 70 years, Swedish furniture giant Ikea is scrapping its iconic catalog. The company will no longer produce print and digital versions of the book, it announced Monday. It’s been touted as the most widely-distributed publication in the world, and…
IKEA’s Ingka Investments is in talks to buy commercial property in prime locations in several big European cities after it finalised its first-ever such acquisition last month, its managing director said. The investment arm of Ingka Group, which owns most…
Ikea is to open its second second-hand furniture store in its home country, Sweden, expanding its commitment to the circular economy concept. The store, located in the ReTuna shopping mall in Eskilstuna, will stock used Ikea furniture bought back from…
