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The Japanese designer, Noboru Nakamura , created the original "Poem" chair in 1975 in collaboration with product manager Lars Engman, who later headed up the IKEA design team. [ 3 ] [ 4 ] [ 5 ] The design of both the Poem and Poäng chairs resemble that of the " Armchair 406 ," created by the Finnish designer Alvar Aalto in 1939.
As a franchisee, the Ingka Group pays 3% of royalties to Inter IKEA Systems. [21] [20] Inter IKEA Systems collected €631 million of franchise fees in 2004 but reported pre-tax profits of only €225 million in 2004. One of the major pre-tax expenses that Inter IKEA systems reported was €590 million of "other operating charges".
Good news: Thanks to Ikea’s Sallskap chair, you can have your storage and sit on it, too.
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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.
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