"We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia"
About this Quote
The mention of Swiss francs is equally strategic. Switzerland signals stability, discretion, and hard-nosed finance; it’s the neutral currency of serious ambition. Kamprad frames capital not as excess but as necessity, a tool for survival in a world where competitors aren’t other retailers so much as entire state-backed systems. China and Russia stand in for something bigger than countries: low-cost manufacturing might, political leverage over resources, sprawling consumer markets, and the ability to absorb pain that a private company can’t.
Subtext: Ikea’s famous thrift is not a moral virtue; it’s a war footing. Flat packs, standardized designs, and brutal efficiency become a kind of economic armor. Kamprad is selling an internal narrative to bankers, executives, and employees alike: if you want to keep the prices low and the brand global, you have to think in billions and act like you’re up against powers that don’t play by the same rules.
Quote Details
| Topic | Vision & Strategy |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Kamprad, Ingvar. (2026, January 16). We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia. FixQuotes. https://fixquotes.com/quotes/we-have-to-still-develop-the-ikea-group-we-need-91996/
Chicago Style
Kamprad, Ingvar. "We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/we-have-to-still-develop-the-ikea-group-we-need-91996/.
MLA Style (9th ed.)
"We have to still develop the Ikea group. We need many billions of Swiss francs to take on China or Russia." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/we-have-to-still-develop-the-ikea-group-we-need-91996/. Accessed 12 Feb. 2026.






