Jesper Brodin, boss of Ingka Group, said in a podcast interview with Norges Bank Investment Management CEO Nicolai Tangen that the idea came directly from employee feedback.

“It works—people like it,” Jesper Brodin, the CEO of Ikea’s main operator Ingka Group, told the Financial Times. “We have ...

For the second consecutive year, IKEA’s largest franchisee is seeing consumer spending in its biggest markets flatten out or fall. Against a backdrop of inflation, elevated interest rates, and ...

Good morning. As the UN COP29 climate meeting in Baku wraps up this week, IKEA CEO Jesper Brodin has a message for those who missed out—or who would like to back out: “Our transformation has ...

Jesper Brodin, CEO of Ingka Group attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights ...

IKEA annual sales slumped 5% as consumers pull back on furniture purchases amid a weak housing market, according to an earnings report released Thursday.

Jesper Brodin said fear of mistakes stifled innovation and speed in large companies such as Ikea. Other business leaders such as Jeff Bezos and Elon Musk also think failure is vital for progress.