IKEA: Playin' with my friends

Agency: Mother London
Advertiser: IKEA
Brand: IKEA
Country: United Kingdom

Objectives

Our objectives

Background to our story

IKEA bound onto British shores 25 years ago with great fanfare. Encouraging stuck-in-their-old ways Brits to chuck out their chintz, IKEA rose to leaders of a category buoyed by a thriving property market and new-found cultural love of home improvement. 25 years on, the property market had stagnated and, in turn, the much less buoyant home furnishings category had become much more competitive.

A fragmented market in long-term decline

By 2012, the UK home furnishing market was in long-term decline. In the five years up to 2012, almost £3bn had been wiped from its value.1 The future wasn't looking much better; in September 2012, Verdict predicted no return to volume growth in home until 2014.2