IKEA expects to suffer from shortages until 2022

IKEA expects to suffer from shortages until 2022
IKEA expects to suffer from shortages until 2022

In total, Ikea stores recorded a turnover of 41.9 billion euros for the annual fiscal year from September 2020 to August 2021, the group’s head holding company, Inter Ikea, announced on Thursday in a press release. .

This is a rebound of 6% compared to the previous year, when sales fell to 39.6 billion due in particular to store closings. The turnover even exceeds the level of the pre-pandemic exercise (41.3 billion).

“It was not easy. Keeping the Ikea stores and warehouses open was difficult. During fiscal year 2021, we observed a substantial drop in the availability” of products, admits Inter Ikea.

“We are not out of it yet and it will continue for a long time to come in fiscal year 2022” (ranging from September 2021 to August 2022), specifies the group.

The brand’s bestsellers, such as its Pax cabinets or its Billy bookcases, have been particularly affected by the great chaos underway in global shipping and supply in general.

 
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