Competition and Industry News
Eyeing Rs 2k cr in revenue, Kurl-on says partnership with IKEA will prove beneficialedit
In the face of increasing competition, home-grown mattress and furniture major Kurl-on says it is not perturbed by the entry of foreign player and in fact collaborating with the likes of IKEA to pickup best practices.
Publication: The Economic Times (Online)
Date: September 28, 2018
IKEAHow to give your home a luxe makeover without breaking the bankedit
Most people face a constricting conundrum when it comes to their homes—they’ve always dreamt of living in an uber luxurious space, but may not have a credit limit to support their vision. If you’re someone who relates to this common problem, we’ve got news for you: style does not necessarily come with a steep price tag. There’s nothing more inviting than a well-edited, expertly curated place. Home specialist Livspace shares a few stylish tricks to help you make your home look luxe for less.
Publication: Vogue (Online)
Date: September 28, 2018
IKEA may face tariff test in India post the latest customs hike: Reportedit
“Trade barriers such as import duties are against ideas of a global economy and ease of doing business and will lead to higher costs in India, which is not customer friendly,” said deputy country manager Patrik Antoni, who reports to Ikea India CEO Peter Betzel. He added that the company was still gauging the impact of the move and wouldn’t be able to comment on whether it would raise its prices or not.
Publication: Business Today (Online)
Date: September 28, 2018
IKEA