New
#1
I had the exact same problem, what you have to do is manually drag your links into where it says "favourites bar". This worked for me, but because I have a lot of bookmarks its going to take ages!!!!
Its so stupid though, every other browser works fine with importing bookmarks or favourites and yet this is the only browser that seems to baffle everyone! I was onto MS Support about it and they didn't even seem to know and it took them forever to figure it out! lol. No problem! Glad to help :)