Apr, 27 2016

IKEA battling for trademark in India

She further said, "We strongly deny any trademark infringement. IKYA is derived from the Sanskrit word 'Aikya,' meaning 'Oneness' and 'Integration.' We are using this brand since 2008 for our HR Services business which has no similarities with the furnitu

By Franchise India Bureau
IKEA battling for trademark in India

Ahead of the opening of its first store in India next year, Swedish home products retailer IKEA is battling trademark cases to stop others from using similar-sounding names in the country, reported Economic Times.

Last year, IKEA lost a trademark case in a district court in New Delhi against Bengaluru-based Quess Corp., which runs recruitment and staffing businesses under the brand IKYA Human Capital Solutions.

The Swedish company has appealed in the Delhi High Court in a bid to stop Quess from using the phonetically similar name.

"IKEA had moved the Delhi high court seeking a stay against the district court order. The stay was not granted. The matter is sub judice now," said Subrata Nag, Chief Financial Officer of Quess.

She further said, "We strongly deny any trademark infringement. IKYA is derived from the Sanskrit word 'Aikya,' meaning 'Oneness' and 'Integration.' We are using this brand since 2008 for our HR Services business which has no similarities with the furniture business of IKEA."

"In general, as the worldwide franchisor and owner of the IKEA concept, it is very important for us to protect the intellectual property rights associated with the IKEA brand," the company said.

The chain also said that India is one of the most promising markets and the company has government approval to invest Rs 10,500 crore to set up 25 large stores, typically in the range of 350,000 square feet, stocking thousands of items. IKEA has acquired land in Hyderabad for its planned store there next year and is buying land in Mumbai.

In another case, the company has dragged a West Bengal-based furniture dealer to court for selling furniture branded IKIA. In the Delhi High Court documents, Inter IKEA Systems BV, which holds trademarks of the brands and logos, said the Swedish giant has registered 45 trademarks in India. 

Related: PujaShoppe to Expand Physical Reach via Franchising

Click Here to add Comment
Please add your Comment
Rating
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Sell Business 2017
Sell Franchise 2017
Daily Newsletter

Submit your email address to receive the latest updates on news & host of opportunities.

Most
Entrepreneur The Franchising World Retailer 2017




Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Franchise India Holdings Ltd

Copyright © 2009 - 2017 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.

X

Tell us what you think!