“Ikea in Russia: Revenue, Profit, and Market Share – A Comprehensive Analysis”
Ikea in numbers According to Ivan Fedyakov, CEO of Infoline, Ikea’s business in Russia worked with a small margin: in 2021, the company’s revenue was about 157 billion rubles, and profit was about 4–5% of turnover. Ikea occupied up to 20% of the Russian home goods market. In addition, 14 Mega shopping centers are owned … Read more