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An IKEA Billy bookshelf. Billy (stylised as BILLY) is a bookcase sold by the Swedish furniture company IKEA. It was developed in 1979 by the Swedish designer Gillis Lundgren, and IKEA have sold over 140 million units of the bookcases worldwide. Its popularity and global spread has led to its use as a barometer of relative worldwide price levels.
IKEA Concept Centre in Delft – the head office of Inter IKEA Systems B.V. which owns the IKEA trademark and concept. The net profit of IKEA Group (which does not include Inter IKEA systems) in fiscal year 2009 (after paying franchise fees to Inter IKEA systems) was €2.538 billion on sales of €21.846 billion. Because INGKA Holding is owned ...
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.). [14] Inter IKEA Systems is the IKEA franchisor. The company releases guides and manuals of various parts of the IKEA brand.
The IKEA effect is a cognitive bias in which consumers place a disproportionately high value on products they partially created. The name refers to Swedish manufacturer and furniture retailer IKEA , which sells many items of furniture that require assembly .
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
The acronym IKEA is made up of the initials of his name (Ingvar Kamprad) plus those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd where he was raised. [ 8 ] [ 11 ] Between the founding of IKEA and his board resignation in 1946, Kamprad was an author.
Bargueño on a taquillon base, Spain, 17th century Creating a bargueño. In cabinetry, the bargueño (or vargueño, both pronounced [baɾˈɣeɲo]; meaning "from Bargas") is a form of portable desk, made up of two chests, the bottom one usually having drawers (called a taquillón) and the top one having a hinged desk surface which also serves as a side-mounted lid.
The Economist calculated the value of the INGKA Foundation at €28.67 billion, making it the world's wealthiest charity at the time, and reported the IKEA Foundation had given a comparatively small amount and concentrated its donations on the Lund Institute, providing €1.35 million to the Institute annually.
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