Ikea Netherlands: 2020/2021 turnover drops by 9.3%

In the 2020/2021 financial year, turnover of Ikea’s Dutch subsidiary fell by 9.3% compared to the preceding year to €1.24bn (2019/2020: 1.37bn). The company attributes the decline to the lockdown-related closure of stores lasting for a period of approximately four months. E-commerce turnover, by contrast, ...

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