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IKEA is owned and operated by a series of not-for-profit and for-profit corporations collectively known and managed as Inter IKEA Group and Ingka Group. [8] The IKEA brand itself is owned and managed by Inter IKEA Systems B.V. , a company incorporated and headquartered in the Netherlands .
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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.
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The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 372 of the 432 outlets of IKEA. [6]In an explanation of IKEA's complex corporate structure, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company's low-cost culture". [2]
Shade is the blocking of sunlight (in particular direct sunshine) by any object, and also the shadow created by that object. It may refer to blocking of sunlight by a roof , a tree , an umbrella , a window shade or blind , wall , curtains , or other objects.