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.
Most Read
1. CHAGEE targets prime sites to drive Asia-Pacific expansion 2. Retailers rethink premium strategy as Filipino consumers grow more ‘value fluid' 3. Aligning channels key to capturing discerning Filipino shoppers in 2026 4. Indoor gardens and rooftop sports highlight SM Supermalls’ next phase 5. Online shopping boom drives 17.7% growth in Singapore’s ecommerceResource Center
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03
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Retail leaders say value-driven shoppers mix premium and budget buys, pushing brands to prove value beyond price.
