The case was brought to Central Jakarta District Court in 2014, and the decision was ruled by the court last year. The plaintiff made the case by presenting the Indonesian trademark law which stated that a trademark could be deleted if the company had not used the name for commercial purposes in three years after registration or after the last use.
Breaking News
Swedish furniture retailer IKEA said it had signed an agreement with two Indian states on the company's intention to open stores and to find new suppliers.
India's Foreign Investment Promotion Board has given the green light to Hennes & Mauritz's (H&M) INR7.2 billion (USD115 million) investment. The Swedish retail-clothing company looks to open 50 stores in India.
Ikea's overall sales rose 3.1% to EUR 1.27 billion for the financial year to August. The home decor and building materials company recorded an impressive 29% increase in online sales, which allowed Ikea to reach new demographics.
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