IKEA is a multinational furniture retailer founded in Sweden in 1943 by Ingvar Kamprad, known for ready-to-assemble furniture, modernist design and a big-box shopping format built around decorated room settings that let customers interact with products. It has been the world's largest furniture retailer since 2008, and its operational hub remains in Älmhult, Sweden, home to its first store and the IKEA Museum.
Facts
Company TypeMultinational conglomerate that designs and sells ready-to-assemble furniture 1 Founded Year HeadquartersÄlmhult, Sweden (operational hub); Netherlands (Inter IKEA Systems B.V., brand owner) 1 Company Type
Company Type (category) IKEA
Filter Results1 entry
FAQs
Who owns IKEA and who owns the IKEA brand?
IKEA is a franchise system. The brand owner Inter IKEA Systems and the store operator Ingka Group are separate groups with different owners.
Ownership is split between two separate groups. Ingka Group, based in Leiden in the Netherlands, runs IKEA stores as one of 12 franchisees under franchise agreements with Inter IKEA Systems B.V., which owns the IKEA Concept and is the worldwide IKEA franchisor. Ingka Group itself is owned by a Dutch foundation, Stichting INGKA Foundation, which has no owners of its own, so no private shareholders receive dividends. Inter IKEA Group and Ingka Group share a founder and a history but have different management and different owners. Franchisees pay Inter IKEA Systems a franchise fee of 3 percent of their net sales.
Connections
Founded By
Ingvar Kamprad founded IKEA in Sweden in 1943.
Led By
Kamprad served as IKEA's chief executive until 1986, remaining active in the company he founded as senior adviser afterward.
Operates In
Source Wikidata: IKEA
Sources
1. Wikipedia, IKEA
WikipediaWikipedia article on IKEA, lead/history section
IKEA was founded in 1943 by Ingvar Kamprad, and has been the world's largest furniture retailer since 2008.
Lead section
IKEA ( eye-KEE-ə, Swedish: [ɪˈkêːa]) is a multinational conglomerate founded in Sweden that designs and sells ready-to-assemble furniture, household goods, and other related services.
Lead section, operational hub passage
IKEA's operational hub is located in Älmhult, in Småland, Sweden, where much of its core operations are based, including product development, design, range management, and global supply chain and sourcing.
Lead section, brand-ownership passage
The IKEA brand itself is owned and managed by Inter IKEA Systems B.V., a company incorporated and based in the Netherlands.
- Infobox company, type field: "Private"
View the Source Wikidata: IKEA
Wikidata: IKEA
WikidataOperates In: Retail Industry, Wikidata statement: industry (P452)Quote, Operates In: Retail Industry, Wikidata statement: industry (P452)
industry (P452) target Q126793, matched to the live industry entity by qid (enwiki-sitelink resolved)
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.