Skip to content
Monday 17 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
-0.38%
CAC 40
8,579.60
-0.66%
STOXX 50
6,530.45
-0.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 29 January 2020 1:08 pm  |  Updated:  Wednesday 29 January 2020 5:35 pm

Coronavirus: Ikea shuts mainland China stores following outbreak

By: Jessica Clark

Add as a preferred source on Google
Coronavirus

Ikea is the latest company to announce it will temporarily close stores in China due to the outbreak of coronavirus.

The Swedish retailer will shut around half of its 30 stores in mainland China until further notice to help halt the spread of the disease, the company’s owner Ingka Group said.

Other global chains including Starbucks and luxury goods company LVMH, which owns Louis Vuitton and Christian Dior, have closed branches in China in response to the outbreak.

‘Health and safety are top priorities’

An Ingka Group spokesperson said: “The health and safety of customers and co-workers are always top priorities for Ikea. 

“In response to the Chinese government’s call for strict and effective disease control, Ikea Retail China will temporarily close around half of the stores in mainland China until further notice, effective from January 29.  

Get the news as it happens by following Morning Wire on Twitter

“The decision has been made after careful assessment and consideration of the epidemic situation, and Ikea Retail China is proactively working with local authorities in the cities and regions where we operate. 

Read more

JD assembles Ikea chair after rocky period for retailer

Peter Agnefjäll, former IKEA CEO, in a suit, headshot

“The impacted Ikea co-workers are asked to stay at home until further notice with paid leave.”

Retailers shutter Chinese stores as coronavirus spreads

LVMH has shuttered some stores in Wuhan, which is where the virus originated, while Starbucks has closed around half of its 4,292 stores in China. 

McDonald’s has also shut five outlets in Hubei province, and Yum China has closed some KFC and Pizza Hut branches. 

Uniqlo owner Fast Retailing has temporarily closed about 100 stores in the province.

Japanese carmaker Toyota said it will close its plants in China until at least the 9 February, while Honda and Nissan have flown employees in China back to Japan on a government chartered flight. 

Meanwhile AB Inbev, which owns Budweisesr, has suspended production at its Wuhan brewery.

The coronavirus death toll currently stands at 132, while the number of confirmed cases has reached 5,974.

Read more

As it happened: Stocks reach all-time high; US fires back at ‘surprise’ Iran attacks

LSEG logo on a large screen within a modern building displaying stock market data and world indices

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Retail

Related Topics

  • Ikea

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • US bond market jitters spark UK economy recession warning

  • Grandparents fund university degrees to avoid inheritance tax net

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • JD assembles Ikea chair after rocky period for retailer

    Retail
    Peter Agnefjäll, former IKEA CEO, in a suit, headshot
  • As it happened: Stocks reach all-time high; US fires back at ‘surprise’ Iran attacks

    Markets
    LSEG logo on a large screen within a modern building displaying stock market data and world indices
  • Tesco ‘in talks’ to exit eastern Europe

    Retail
    Tesco storefront with shoppers entering and exiting, highlighting the brands popularity and bustling retail environment
  • Mary Kay’s Pink Changing Lives® Program Turns Purpose Into Measurable Impact for Women Around the World

    Business Wire
  • Businesses slam brakes on hiring over Burnham uncertainty

    Economics
    Andy Burnham speaking passionately at a public event, wearing a suit, highlighting his role as a prominent political figure.
  • Align Technology Prevails in China Patent Infringement Action Against Angelalign

    Business Wire
  • China, EU Respondents Optimistic About Prospects of Future Cooperation: GT Survey

    Business Wire
  • Burberry revival gets a boost from China and US sales

    Retail
    Burberry fashion show runway featuring models wearing luxury designer clothing and accessories in a stylish presentation
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook