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It's In The Brand

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<strong>Brand</strong> History Pt.2<br />

o Founded in 1943, carpenter <strong>In</strong>gvar Kamprad<br />

introduced a new way of selling furniture into the<br />

industry, as home assembly was not frequently<br />

herd of in the mid-twentieth century<br />

o IKEA is under the holding of its parent<br />

organisation, Dutch registered, Stiching INGKA<br />

Foundation (which was named after <strong>In</strong>gvar<br />

Kamprad).<br />

o However there has been an increase of stores,<br />

since then as in November 2018, IKEA now has<br />

424 stores in 52 countries.<br />

o <strong>The</strong> products that IKEA sells are of a wide range<br />

from baby furnishing to indoor gardening. (A list<br />

of products will be presented in the next slide).<br />

o As of 2014, there are;<br />

o 51 stores in North America<br />

o 222 in Europe<br />

o 23 in Asia<br />

o 14 in Russia<br />

5 in Australia<br />

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