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Ikea vs Шатура
Ikea vs Шатура
Ikea vs Шатура
Шатура
History and strategy of
IKEA
Founded in 1943
IKEA Group has 123,000 co-workers and
267 stores in 25 countries (2009)
Annual Sales - more than 21.5 billion €
IKEA offers a wide range of well-
designed, functional home furnishing
products at a low price
Concern for people and the environment
History and strategy of
Шатура
Founded in 1961
Since the end of the XX century – the
largest Russian furniture producer
About 600 stores in Russia, Annual
Sales - more than 150 million €
Price-quality relationship – High-quality
furniture from eco-friendly materials for
low prices
SWOT analysis IKEA
Strengths Weaknesses
Strong global brand with a
• •Size and scale of IKEAs
strong concept global business
•Cost-effective and innovative •Need for low cost products
production methods
Opportunities Threats
•Environmentally focused •Social trends
business •Market forces
Opportunities Threats
•Growth potential • International competitors
•Developing social • Rising prices for resources