Retail appointments

New CEO wants ‘more affordable’ Ikea Inter Ikea group, the world’s biggest furniture company, says its chief executive, Torbjörn Lööf, will step down after seven years at the helm and more than 30 years with the business. The current head of Ikea franchising, Jon Abrahamsson Ring, was named as Lööf’s successor. He will become group deputy chief executive on March 1 before taking full control of the business on September 1. Abrahamsson Ring joined Ikea in 1998, and was assistant to I

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