Ingka Foundation News Today

Global brands including Nike, Mango, Inditex, H&M, Marks & Spencer, Ikea, Under Armour, Canada Goose, Puma, Boohoo Group, PVH Corp, Levi Strauss, Crocs, Skechers, Uniqlo,...

(Reuters) - Companies across Europe and North America have begun offering aid to Ukrainian authorities and people fleeing war following Russia's invas...

Several global fashion and footwear brands including Nike, Mango, Zara owner Inditex, H&M, Marks & Spencer, Under Armour, Canada Goose, Puma as well as home furnishings brand...

No part of life has been left untouched with fashion, retail, technology, arts and entertainment all facing embargos and boycotts following the countrys invasion of Ukraine.

IKEA Foundation, funded by Ingka Foundation, has today (3 March) announced an immediate pause in all working relations with Russia. The company made the following statement:

IKEA Foundation, funded by Ingka Foundation, has in the present day (3 March) introduced a right away pause in all working relations with Russia. The firm

Ikea also paused all retail operations in Russia, a move that will impact 15,000 Ikea co-workers, according to Inter Ikea Group.

The furniture giant also announced that it would be pausing all operations in Russia and Belarus.

The cost of inaction is just too high: IKEA to ramp up €4bn clean tech push IKEAs Pantelimon wind farm near Bucharest in Romania | Credit: Ingka Group Ingka Group, which owns most IKEA stores worldwide, accelerates efforts to power entire value chain with its own renewables capacity IKEAs largest global franchise owner has announced plans to inject an additional €4bn into scaling up the deployment of renewable power projects by the end of the decade, with a particular focus on expanding its...