WEBVTT 1 00:00:10.320 --> 00:00:16.280 By the early 1970s, flower power has spread across the Western World. 2 00:00:18.080 --> 00:00:23.200 The war in Vietnam is being protested and liberation is in the air. 3 00:00:27.840 --> 00:00:32.840 The focus now is on being free, simple and unpretentious. 4 00:00:34.560 --> 00:00:38.040 And this is more or less ideal for a furniture company 5 00:00:38.200 --> 00:00:42.080 founded in a small village in rural Småland. 6 00:00:56.840 --> 00:00:59.280 There is a wide range of styles, 7 00:00:59.440 --> 00:01:03.720 so everyone can furnish their homes to reflect their personality. 8 00:01:06.120 --> 00:01:09.160 On the 5th of September 1970, 9 00:01:09.320 --> 00:01:12.600 a fire breaks out at the store in Stockholm. 10 00:01:15.200 --> 00:01:19.680 A neon sign on the roof has set fire to the whole building. 11 00:01:20.840 --> 00:01:26.680 The fire spreads rapidly, and soon almost the whole store is ravaged. 12 00:01:29.520 --> 00:01:32.320 Surely a disaster for the store staff 13 00:01:32.480 --> 00:01:36.200 who won't have a workplace to go to. Or is it? 14 00:01:48.120 --> 00:01:51.240 With the whole staff working together, it takes 15 00:01:51.400 --> 00:01:56.160 just 194 days to rebuild the store. 16 00:01:58.880 --> 00:02:04.600 And from the ashes springs what is perhaps the greatest hallmark of IKEA. 17 00:02:06.560 --> 00:02:12.480 The Kungens Kurva store becomes the first store with the self-serve concept, 18 00:02:12.640 --> 00:02:17.480 and furniture is now presented in a completely different way. 19 00:02:30.880 --> 00:02:36.960 IKEA builds actual rooms showing what the furniture would look like in the home, 20 00:02:37.120 --> 00:02:40.800 genuinely inspiring people in home furnishing. 21 00:02:42.440 --> 00:02:47.600 Meanwhile, independent entrepreneurs open IKEA franchise stores 22 00:02:47.760 --> 00:02:51.760 in Japan, Australia and Hong Kong. 23 00:02:55.120 --> 00:02:59.120 The Seventies is also the decade of the oil crisis. 24 00:02:59.280 --> 00:03:02.360 Oil prices rise uncontrollably, 25 00:03:02.520 --> 00:03:06.440 causing problems in a world fully dependent on the black gold. 26 00:03:12.000 --> 00:03:16.040 In the IKEA catalogue, products made of plastic 27 00:03:16.200 --> 00:03:20.880 feature on just three pages rather than twenty. 28 00:03:21.040 --> 00:03:25.920 The focus turns to sustainable materials like pine. 29 00:03:29.680 --> 00:03:33.440 This is also when IKEA starts defining its vision, 30 00:03:33.960 --> 00:03:36.200 which is still recognisable today. 31 00:03:41.280 --> 00:03:44.120 And as is so often the case in IKEA, 32 00:03:44.280 --> 00:03:48.640 the focus is firmly on families and children. 33 00:03:48.800 --> 00:03:55.200 This is also the time when the ball room first appear in the stores' play area. 34 00:03:58.920 --> 00:04:03.600 But by the end of the Seventies, the oil crisis has put a strain 35 00:04:03.760 --> 00:04:07.120 on Sweden's and other countries' economies. 36 00:04:09.760 --> 00:04:12.600 It's a decade with a lot of change in the world, 37 00:04:12.760 --> 00:04:17.960 but surprisingly successful for IKEA, a time of great expansion. 38 00:04:20.080 --> 00:04:23.880 A distinctive business concept suited to the times 39 00:04:24.040 --> 00:04:29.720 with price consciousness, functionalism and products made to last. 40 00:04:34.200 --> 00:04:38.640 But how will that approach work in the bright lights of the Eighties?