INDIAN FURNITURE RETAILERS GET READY FOR IKEA’S ENTRY

Publication

14 March 2017 à 20h17

Updated on 10 May 2019 à 17h57

Reading time

2 minutes

Publication: 14 March 2017 à 20h17, Updated on 10 May 2019 à 17h57

Reading time: 2 minutes

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Publication

14 March 2017 à 20h17

Updated on 10 May 2019 à 17h57

Reading time

2 minutes

Publication: 14 March 2017 à 20h17, Updated on 10 May 2019 à 17h57

Reading time: 2 minutes

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In India, the Malaysian-owned British retailer Laura Ashley (sales of €170 million in 6 months to December 2016) signed an exclusive licensing deal with Future Group, which will locally expand its home furnishings retail business. Decoration and home furnishing products will be introduced to India’s Central department stores, and standalone Laura Ashley stores are expected. Future Group is particularly aggressive in the home furnishing sector. In 2016, it has acquired the local retailer...

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