Ikea to Keep Investing in Emerging Markets as China Fuels Growth

Updated on
  • Full-year sales rose 11 percent, led by China, Russia
  • Retailer plans to enter India next, CEO Agnefjaell Says

Ikea

Heidi Wideroe/Bloomberg News

Ikea Group said the world’s largest furniture retailer will keep expanding in emerging markets despite recent market turmoil after Chinese and Russian revenue fueled an 11 percent increase in full-year sales.

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