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Japanese Sumitomo Forestry picks up 26% stake in Spacewood

Oct 08, 2015

Japanese Sumitomo Forestry picks up 26% stake in Spacewood

Sumitomo Forestry's wholly-owned subsidiary Sumitomo Forestry Crest to invest Rs 30 crore for setting up a new manufacturing facility for production of prehung doors #Furniture #sumitomo forestry #nagpur-based spacewood #housing furniture #modular kitchen #building materials
Ikea acquires 13-acre site for its first retail store in Hyderabad

Jul 10, 2015

Ikea acquires 13-acre site for its first retail store in Hyderabad

Ikea, the world's largest furniture retailer, today said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India at an investment of Rs 10,500 crore over the next decade. #Telangana #Telengana #IKEA #Furniture #"Internet Doomsday" virus
Watch: Sikh who removed turban to save boy gets surprise gift from TV station

May 25, 2015

Watch: Sikh who removed turban to save boy gets surprise gift from TV station

After Harman Singh broke his religious protocol by removing his turban to cradle a boy hit by a car in New Zealand, he received a pleasant surprise gift. #Sikh #Life #ThingsWeLike #New Zealand #Turban #Auckland #Furniture #Harman Singh
No more siestas: In Beijing, furniture chain Ikea bans customers from napping on furniture

Apr 07, 2015

No more siestas: In Beijing, furniture chain Ikea bans customers from napping on furniture

Swedish furniture chain Ikea has banned customers from napping on the furniture displayed in a store in Beijing, where hundreds of shoppers come everyday to enjoy the air conditioning and furniture comforts with no intention of buying, Efe news agency reported. #World #China #NewsTracker #Beijing #IKEA #Furniture Firm #Swedish furniture firm
Building up: Urban Ladder acquires decor competitor BuynBrag

Nov 21, 2014

Building up: Urban Ladder acquires decor competitor BuynBrag

BuynBrag was launched in 2012 and is expected to help boost Urban Ladder's home decor portfolio. #Furniture #urban ladder #BuynBrag #home decor
Online furniture store Pepperfry plans to raise up to $60 mn, set up offline stores

Nov 19, 2014

Online furniture store Pepperfry plans to raise up to $60 mn, set up offline stores

Pepperfry has been a spectacular success story, if one goes by its promoters' claims. #Investment #EBay #Funding #Furniture #online #pepperfry
Decoding Ratan Tata's love for Urban Ladder: It's not all about design

Nov 15, 2014

Decoding Ratan Tata's love for Urban Ladder: It's not all about design

Online furniture retail, according to estimates by the players themselves, is about Rs 750 crore now and accounts for an insiginificant share of the Rs 1.5 lakh crore total furniture market in India #E-Commerce #urban ladder #pepperfry #e-retail #fab furnish #online furniture sales
Online furniture seller Pepperfry aims for $1 bn gross merchandise value in 4 years

Oct 05, 2014

Online furniture seller Pepperfry aims for $1 bn gross merchandise value in 4 years

GMV is a term used in online retailing in place of sales or revenue, as site revenue comes from fees and is different from the dollar value of items sold. #Furniture #pepperfry #gross merchandise value
Junking minimalism: Ikea rethinks design strategy as tastes change

Sep 23, 2014

Junking minimalism: Ikea rethinks design strategy as tastes change

IKEA's sales boomed in part because it kept costs down by cleverly convincing customers to piece their purchases together themselves. #Investment #funds #FIPB #design #IKEA #Furniture #stores #foreign partners #India