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The Swedish retailer's once-affordable pieces are a huge hit on the resale market. These are the 10 most valuable vintage IKEA pieces.
Back in July, copywriter Kevin Lynch, originally from Chicago, and his puppy Umlaut, visited all 21 counties in Sweden, stopping off at places with IKEA products named for them.
The world's largest IKEA store is located in Pasay, Metro Manila, Philippines. In 1943, then-17-year-old Ingvar Kamprad founded IKEA as a mail-order sales business, and began to resell furniture five years later. [23]
The French branch of IKEA went on trial on 22 March 2021, for running an elaborate system to spy on staff members and job applicants by illegally using private detectives and police officers. [17] On 15 June 2021, IKEA France was found guilty of spying and ordered to pay €1.1m in fines and damages for these illegal practices.
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.
Ingvar Kamprad, Founder of Ikea and Creator of a Global Empire, Dies at 91 by Robert D. McFadden. New York Times obituary 28 October 2018; Ingvar Kampra Founder of Ikea, the home-furnishing giant, who made a fortune from flat-pack furniture and meatballs, but lived a simple life The Times obituary 29 October 2018