IKEA news and collections
FY19 Annual Report Released
In one of the most challenging years yet for retailers in Southeast Asia, we charged forward to transform our business and met more people than ever before in our IKEA stores and Ikano shopping centres. This report provides a snapshot of our financial results and highlights from our last year. We launched e-commerce in Thailand, opened a new store in Malaysia, started up an interior design service in Singapore and advanced plans to enter two new mega markets: the Philippines and Mexico. We also built up Toppen in South Malaysia (opened with a bang in November 2019) and grew turnover in our existing centres by 34%. Take a look for more facts, figures and stories about our how we are creating a better everyday life for the many the people in Southeast Asia and beyond.
IKEA Southeast Asia Turnover Exceeds SGD 1 billion
Swedish home furnishing retailer growing as it meets a new generation of shoppers
SINGAPORE – Sales at our IKEA stores in Southeast Asia topped SGD 1 billion for the first time this year,
reflecting healthy growth for a big-box retail business that is meeting a new generation of shoppers and creating fresh passion for home furnishing.
With more than 3,400 co-workers, we met 98 million visitors in our stores and shopping centres,
operated IKEA e-commerce in all three of our markets, opened our first in-store interior design services touchpoint in Singapore and sold 113,000 BILLY bookcases – along with thousands of other affordable home furnishings that make everyday life at home a little better.
As one of 12 IKEA franchisees around the world, the turnover posted by our eight large, full-format IKEA
stores in Southeast Asia – including two in Singapore – contribute to the total result released Wednesday by the global franchisor, Inter IKEA Group. Our financial year runs from Sept. 1 2018 to Aug. 31 2019.
Make Home Count with IKEA’s first of four launches, featuring new 2019 IKEA Catalogue
Singapore, 30 August 2018 – IKEA announces its 2019 focus to make home count, through four distinct launches that will address the challenges, tensions, needs and dreams of everyday living in Singapore. Offering up new product ranges, home furnishing inspiration and smart solutions for every area of the home, IKEA hopes to encourage customers to organise their living and create feel-good homes for themselves. With a particular focus on the living room, the September launch will be further supported by the first of two IKEA Catalogues, made available to the public today.
Life at Home: Celebrating different needs for organising your home
Through insights presented in IKEA’s 2017 Life at Home Report about people’s needs and dreams for their homes around the world, we know that having “too much stuff” is the single biggest cause of stress in the home. Slightly over half of Singaporeans surveyed (54%) said that their main household arguments were over what constituted a “mess” in the home.
The Singapore version of the report also revealed that 1 in 3 Singaporeans feel pressured by society to live minimally. These common tensions and valuable insights have fueled the solutions and inspirations within the 2019 Catalogue.
Introducing seven homes, each explores the story behind different lives, but all highlight the needs people have while living under one roof. From a home showing you how to create a calming sanctuary to escape the stresses of city living, to another that addresses the desire to tell individual stories by displaying personal treasures at home, the 2019 IKEA Catalogue invites the world to an “open house” filled with inspiration for everyday life.
“By addressing the challenges of real life, whether through locally relevant home furnishing solutions in our room settings at our stores or inspiring stories through the IKEA Catalogue, we hope to inspire our customers to make life at home better,” said Mike King, Deputy Managing Director at IKEA Southeast Asia.
A new approach to delivering the Catalogue in Singapore
Conscious of evolving customer behaviour, IKEA will conduct several tests with its Catalogue in order to find better ways to reach, interact and inspire people. IKEA Singapore is one of the selected markets globally that will explore how different methods of distributing the IKEA Catalogue content can help them reach and inspire customers in an impactful and meaningful manner. Two IKEA Catalogues will be released; one at the end of August 2018, and one in February 2019. Other significant changes include fewer pages, a new size and better paper quality.
Customers can view the 2019 IKEA Catalogue from Thursday, 30 August 2018 in the following ways:
In-store browsing copies
Available at the IKEA Alexandra and IKEA Tampines stores.
Visit IKEA Catalogue and users can save their favourite products, create shopping lists, or download a pdf version for browsing.
Copies of the IKEA Catalogue will also be distributed to a pre-determined quantity of homes across Singapore.
75 years of inspiration: GRATULERA collection
This year, IKEA also celebrates 75 years of inspiring a better everyday life at home for the many. To mark this milestone, the GRATULERA collection is all about nostalgia, bringing back classic products from the 1950s until the early 2000s, for a limited time.
- October 2018 – 1950s to 60s classics
- December 2018 – 1970s to 80s, 1990s to 2000s classics
Additionally, supplementing the launch are upcoming IKEA collections that tie back to the focus on organisation in all parts of the home. For more information on these collections, please refer to the IKEA catalogue.
About IKEA Singapore
Since its 1943 founding in Sweden, IKEA has created a better everyday life for the many people by offering well-designed, functional home furnishings at prices so low the majority of people can afford them. Today IKEA is the world’s largest home furnishing retailer, with more than 420 IKEA stores in 50 countries - including those in Singapore, Malaysia and Thailand owned and operated by Ikano Private Limited. We incorporate sustainability into our day-to-day business and support initiatives that benefit children and the environment. To learn more, visit IKEA.sg
About Ikano Pte Ltd
Ikano Private Limited owns and operates IKEA stores in Singapore, Malaysia and Thailand, offering millions of people in Southeast Asia access to the world’s largest range of well-designed, functional home furnishing products at affordable prices. We develop, own and operate Shopping Centres anchored by IKEA, and also create vibrant destinations by investing in residential, office and other types of real estate. Our multi-national team has projects in the pipeline and ambition to double our business in the coming years. We are part of the Ikano Group of companies and the only IKEA franchisee in the world today that is owned directly by the Kamprad family that founded IKEA.
For the fifth year in a row, IKEA arranged the soft toy drawing competition and invited children from around the world to draw the soft toy of their dreams. The 5 most unique creations would be turned into real soft toys and become the limited-edition collection called SAGOSKATT. The response was quite staggering with over 87,000 pieces of art being submitted.
Eventually, our jury settled on five winners whose creations included a pink unicorn living in the clouds, a rainbow coloured shark travelling the seas, a mischievous blue monster called Monster, A hedgehog-, dinosaur- and monster hybrid with a passion for tropical fruit and a dotted seal who loves to play with his best friends, fish.
THE IKEA CATALOGUE 2019
The 2019 IKEA Catalogue is here, and we’ve got some big news. We’ve always included inspirational single room settings in our catalogue. But this year, we’ve switched things up by creating whole homes. These spaces were designed for fictional families but are full of real ideas and inspiration.
31 August 2018
Launching August 2018 the SAMMANHANG collection is all about placing your favourite items into context. Created in collaboration with seven different designers, the inspiration for the collection is drawn from still lifes, grocery stores and collectors themselves, amongst others. From smaller containers, such as display boxes and trays, to larger pieces of furniture, SAMMANHANG celebrates your personal style of collecting.
Release August 2018
New products - September
This month we’re happy to introduce a look that’s all about connecting to yourself and creating a home that’s personal, organised and comfortable. The style is minimalist Scandinavian, the mood is poetic and the colours range from soft pastels to graphic monochromes.
Among the new products, storage and organising is a big theme. There are a heavy-duty storage series and a fashionable update to an existing storage series. For the kitchen, there’s a series of traditional-styled storage, along with a matching sink and tap that’s water-saving. Of course, we focus on sustainability with our new products, with for example new flavourful teas that are UTZ-certified, textiles made of 100% cotton from more sustainable sources and a curtain and doormat that are made of recycled PET. The month also brings lamps and smaller pieces like candle holders and a watering can for a final finishing touch. Enjoy!
Sales start in September 2018
Inspired by people’s creativity and the flourishing DIY trend, we teamed up with Dutch designer-duo Scholten & Baijings to “hack” some of the most classic IKEA furniture. Known for their trend-sensitivity and meticulous attention to detail, they’ve created a series of products and accessories to bring new life to your home, including a brand new set of covers and colours for the popular KLIPPAN and POÄNG.
Limited edition collection – launching in September 2018
Limited Edition Collection
PRETTY. UGLY. LOVELY... Welcome to FÖREMÅL, a limited edition collection made in collaboration with artist Per B Sundberg. From velvet cushions to shiny poodle candle holders, all of the pieces are different and crafted with perfection.
Sales start in September 2018
Meet GRATULERA, the limited edition vintage collection celebrating 75 years of IKEA design. Do you remember the first KLIPPAN sofa, or what about the colourfully red BJURÅN chair? It’s time to go retro with hand-selected favourites from the ’50-60’s,’70-80’s and the ’90-00’s. Launching at three different dates, the GRATULERA editions bring back some of your (and our) fondest memories of IKEA.