Sustainability Magazine August 2024 | Page 27

He says : “ During the years , I have had the opportunity to discover the world and at the same time my own strengths and many weaknesses .
“ I have learned to love and believe in value based leadership . And the true power of togetherness .
“ The power is where the people are . Believe in yourself , your strengths and don ’ t forget to rely on other people ’ s strengths – we are truly stronger together .”
The origins of Ingka Group Ingka Group is a name that is far less familiar than IKEA .
Ingka is named after Ingvar Kamprad , the Swedish billionaire who founded IKEA . Ingka is a holding company based in the Netherlands , which controls 367 of IKEA ’ s 464 stores .
In July 2023 , IKEA celebrated its 80th anniversary , having been founded in a small Swedish town in 1943 . The brand now attracts around 700 million annual customer visits .
IKEA ’ s business model is to provide high-quality furniture at affordable prices and , as a result , its wide variety of products can be found in tens of millions of homes across the world . sustainabilitymag . com 27