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Ikea will face duties of up to 50% in the US
where it is increasing its production capacity. Ikea's revenues in the fiscal year ending August 2025 fell by 1% to EUR 44 billion. The drop is due to the end of price cuts made after a period of high inflation. Ikea is continuing its experiments with small shops and reservation centres that allow it to serve city centres and be present in small towns where its large shops cannot be. It has just announced the opening of small shops that will be called Lada. Source FT
