Ingvar Kamprad. The passing of the Ikea legend

Publication

27 February 2018 à 10h45

Updated on 10 May 2019 à 17h16

Reading time

2 minutes

Publication: 27 February 2018 à 10h45, Updated on 10 May 2019 à 17h16

Reading time: 2 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
Publication

27 February 2018 à 10h45

Updated on 10 May 2019 à 17h16

Reading time

2 minutes

Publication: 27 February 2018 à 10h45, Updated on 10 May 2019 à 17h16

Reading time: 2 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
Enjoy this article for free while you’re in your trial period
You have access to our content for 15 days
Explore the mind Retail subscription

In 1943, (aged 17), Ingvar Kamprad created a mail-order company called Ikea, selling a range of goods from watches to pens, and he added furniture in 1948. Ingvar Kamprad, born on March 1926, in Älmhult, Sweden, died on January 27th aged 91. He opened the 1st Ikea store in 1958 as Sweden’s largest furniture store. Shocked by low sale prices, its local rivals pressurized manufacturers to refuse supplies to Ikea. As a result, Ikea discovered much cheaper furniture from Polish firms. T

…
Do you have information to share with us?
Contact us
Our other services
Research
Conducting customized studies: benchmarks, overviews, personalized newsletters, white label content.
See more
Training courses
Our training courses & masterclasses: short formats for management, executive coaching, and skills development for junior profiles.
See more
Events
Our networking activities: half-day conferences dedicated to industry issues and open to the entire ecosystem.
See more
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Shoprite adopts Yoobic solution for 3,600 stores and 160,000 employees
As announced in April in mind Retail, the African grocery retailer Shoprite has confirmed the rollout of the Yoobic application to optimise staff task management and anomaly detection in stores...
29 October 2025
Faced with debt and declining sales, Fossil files for bankruptcy
Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...
29 October 2025
EU: Omnibus bill stalled in Parliament
On October 22, MEPs rejected by a narrow majority the negotiating mandate that would have allowed trilogue negotiations to begin on the omnibus directive watering down the CSRD and duty of care...
27 October 2025
Cyberattack: Muji, Loft and Sogo & Seibu e-commerce sites down in Japan
Since October 19, Japanese logistics company Askul (2024 revenue: 3.3 billion dollars, up by 2% year-on-year) has been the victim of a cyberattack, preventing it from managing e-commerce orders...
27 October 2025