Ikano Retail
Ikano Retail is one of 12 IKEA franchisees. Through its omnichannel experience, Ikano creates a better everyday life in Singapore, Malaysia, Thailand, Mexico and the Philippines, offering well-designed, functional home furnishing products at prices so low that as many people as possible are able to afford them.
See below for the Latest Ikano News, Analysis, Profit Results, Share Price Information, and Commentary.
Ikano Retail posts $1.2b in total turnover
Ikano Retail posts $1.2b in total turnover
Ikano's three IKEA stores in Singapore reported a $274.62m turnover.
IKEA franchisee Ikano Retail’s revenue up 41.2% YoY to S$1.63b in FY 2022
This is the first time it exceeded the EUR1b mark.
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1. Global brands accept high costs as gateway strategy squeezes local shops 2. Australian retailers cut jobs as fuel and supply chain costs surge 3. Vietnam e-commerce under pressure as discount-led growth loses momentum 4. Estée Lauder in early talks with Puig over possible merger 5. Hong Kong consumers stay cautious as dining out leads spendingResource Center
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22
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Technology
Vietnam retail shifts to AI-driven decision ecosystems
AI tools are also reshaping how shoppers choose products across retail channels.
Commentary
The future of agentic commerce in APAC: Why identity will anchor hybrid experiences
When AI becomes the front door: How marketing in Singapore will really change in 2026