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. Amazon, Temu, and Shein dominate in Australia as local retailers decline 2. Singapore retail sales up 4.8% in July 3. IKEA to open first New Zealand store 4. Mega Prime targets full coverage of 1.6 million corner stores 5. RSM’s David Eu emphasises growth, profitability, and consumer loyalty as FMCG success driversResource Center
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Awards
Nov
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Event News
Retail Asia Awards 2025 Winner: Nigel Ngan and Alvin Neo of FairPrice Group
FairPrice Group’s Nigel Ngan and Alvin Neo share how merging digital and in-store experiences enhances shopping.
