Our Year: Ikano Retail FY24 Annual Report

Our Year: Ikano Retail FY24 Annual Report

As the cost of living increased, we sided with the many IKEA celebrates a year of growth and affordability with a 1.3% turnover increase to EUR 1.09 billion in FY24. Despite a challenging year for us, our IKEA business and IKEA-anchored shopping centres remained committed to our promise – to lower prices across…
Ikano Retail, owner of IKEA Philippines, posts EUR 1.09 billion in total turnover

Ikano Retail, owner of IKEA Philippines, posts EUR 1.09 billion in total turnover

IKEA Philippines lowered prices on 2,000+ articles to help customers cope with rising cost of living Ikano Retail, IKEA's franchisee for the Philippines and four other countries, posted a turnover of EUR 1.09 billion in 2024, driven by its omnichannel stores and shopping centers, despite a challenging retail environment. PHILIPPINES – Ikano Retail, the…
Ikano Retail FY23 Climate Report

Ikano Retail FY23 Climate Report

Transparent Carbon Emissions Accounting Dive into our Climate Report for a comprehensive overview of our carbon emissions footprint throughout the past fiscal year. Explore our emissions breakdown and discover the proactive measures we're implementing to mitigate our environmental impact. Owner of IKEA business in the PhilippinesOur Climate Report provides a transparent accounting of…
Ikano Retail FY23 Annual Report

Ikano Retail FY23 Annual Report

Our year 2023 Ikano Retail reached a record 120 million visits at the stores and centers, increased total turnover by 2.1 percent to EUR 1.08 billion, and grew Ikano Retail family to 5,254 co-workers. Our FY23 annual report looks back at a year where we’ve moved steadily forward despite tough economic times. We…