The IKEA Concept
We constantly ask ourselves: Is there a better way? That’s how the IKEA home furnishings offer remains unique and how we try to make everyday life better for the many people.
The IKEA name combines the initials of IKEA founder, Ingvar Kamprad, (IK) with the first letters from the names of the farm and village where he grew up - Elmtaryd and Agunnaryd (EA). The IKEA logo has hardly changed and the 1967 version remains a consistent symbol of the IKEA business.
IKEA customers play an important role in democratic design. We do our part, you do yours, and together we save money. Customers help by assembling products from flat packages on their own (60 years ago, we launched LÖVET, the first flat-pack table), living sustainable life at home, sharing their thoughts, suggestions and and even more. View LÖVBACKEN side table.
In the early 1980s - with IKEA stores in 20 countries and expanding - IKEA founder, Ingvar Kamprad, realized he needed to protect the unique IKEA Concept as part of the company’s growth. He wanted total independence and a long-term ownership structure, so the stock market wasn’t an option.
So, the IKEA franchise system was established. Today all IKEA stores (except the IKEA Delft in the Netherlands) operate under franchise agreements. Inter IKEA Systems B.V. is the owner of the IKEA Concept and worldwide IKEA franchisor.