Posts tagged with furniture

MIT Researchers to Grow Furniture In Lab
Feb 2021 , by in INTERNATIONAL

Lab-grown meat alternatives are all the rage so it’s not surprising to see that MIT researchers are looking into growing other products in labs. One such item is wood. There are many reasons why this would be a wonderful idea. For starters, wood produced in labs would take much less time to gro... Read more...

Construction Waste Turned Into Furniture
Jan 2021 , by in ALLIED

Central Saint Martins graduate Irene Roca Moracia has created a collection of modular furniture using discarded building materials, as a way of critiquing the wastefulness of the construction industry.  The system, called Appropriating the Grid, consists of 11 building blocks that can be combine... Read more...

CII Seeks Cut in Customs Duty on Furniture
Dec 2020 , by in ALLIED

Industry body Confederation of Indian Industry (CII) on December 30 put forth several recommendations on behalf of the retail sector ahead of the upcoming Union Budget in February, among them a call to reduce custom duties on furniture imports, overhauling of local testing facilities for import of c... Read more...

IKEA All Set to Open Second Store in India
Dec 2020 , by in ALLIED

Swedish furniture retail company IKEA is all set to open its second store in India on December 18, 2020, two years after it opened its first store in Hyderabad in 2018. This is the first of the 40 plus outlets the world's largest furniture retailer is planning to open in India. The over 5 lakh squar... Read more...

IKEA’s Revise Gurgaon Store Launch Plans
Nov 2020 , by in ALLIED

Swedish furniture giant IKEA’s plans to launch a store in Gurgaon has been delayed as it has revised the overall project to include a shopping centre. Consequently, it has dropped the plan to purchase a 20-acre land adjacent to its existing 10-acre land parcel in Gurgaon it had won in 2017 to buil... Read more...

Ikea Buying Back Sold Furniture
Nov 2020 , by in INTERNATIONAL

The Swedish multinational IKEA is buying back their clients’ furniture. One of the company’s main objectives is to promote responsible buying as well as the so-called ‘circular economy’, which is why they have decided to buy back their clients’ furniture for twice what it is worth, while h... Read more...

Reliance Retail Acquires Urban Ladder
Nov 2020 , by in ALLIED

The retail arm of Reliance Industries Ltd. has acquired online furniture and home decor store Urban Ladder as it seeks to expand its offerings and digital footprint. Reliance Retail Ventures Ltd. bought 96% stake in Urban Ladder for Rs 182.12 crore. It has the option to acquire the remaining stake a... Read more...

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