Home / Knowledge / News / IKEA group sales rise 3.1% in FY'13
IKEA group sales rise 3.1% in FY'13
Oct '13
The IKEA Group total sales increased to EUR 27.9 billion ($37.38 US billion) in the financial year 2013, an increase of 3.1% compared to the previous year (+3.6% adjusted for currency impact). Sales in comparable stores grew by 1.8%.

“Value for money is increasingly important to our customers – and our sales development shows that people all over the world appreciate our concept of good quality, well-designed products at low prices”, says President and CEO Peter Agnefjäll.

“Reducing household energy bills is the most important issue for many people today when it comes to living more sustainably at home. In the last year, we sold 20 million energy saving LED products at affordable prices, helping people to do just that. And by 2016 we will convert all of our lighting products to LED to help even more people save money at home. Sustainability should not be a luxury good,” continues Peter Agnefjäll.

Some of the strongest growth was in Russia and China, and there was also significant progress in North America during the past year. While southern Europe continued being affected by the current economic situation, the IKEA Group continued gaining market shares in almost all markets.

During the financial year 2013, the IKEA Group continued to grow in line with the IKEA vision to create a better every day life for the many people, firmly based in our sound financial principles of expanding from our own resources and making long-term decisions.

IKEA group

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Courtesy: TAL Group

Apparel/Garments | On 24th Oct 2016

TAL’s new garment factory goes operational in Vietnam

A new garment factory of the Hong Kong based TAL Group has become...

Information Technology | On 24th Oct 2016

X-Rite Pantone unveils appearance exchange file format

X-Rite Pantone, X-Rite Incorporated subsidiary that offers colour...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search