IKEA malls Ingka Centres to expand, adapt to digitalization - News Summed Up

IKEA malls Ingka Centres to expand, adapt to digitalization


LIVAT Wuxi, LIVAT Beijing and LIVAT Wuhan resumed operations. Alongside IKEA, Ingka Centres is shifting focus from out-of-town to smaller inner-city locations as it adapts to digitalization and changing consumer behavior. Ingka Centres however said Adidas, H&M and Inditex-owned Zara were among brands adding stores in its malls during the year. Ingka Centres is owned by Ingka Group which also owns most IKEA stores. The malls operate under brands such as MEGA in biggest market Russia, and LIVAT in China.


Source: The Standard October 30, 2020 05:17 UTC



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