- CEO
- Herman Bernhard Mantiri
- Full Time Employees
- 33,111
- Sector
- Retail trade
- Industry
- Department stores
- Address
- Sahid Sudirman Center Jakarta JK Indonesia 10220
- IPO Date
- Nov 10, 2004
- Business
- PT Mitra Adiperkasa Tbk (MAPI.JK) operates as Indonesia's leading omni-channel lifestyle retailer, engaging in the retail trade of clothing, shoes, accessories, bags, sports equipment, toys, cellular phones, tablets, computers, and lifestyle products. The company manages a diversified portfolio exceeding 150 world-class brands across segments including department stores such as Sogo, Seibu, Galeries Lafayette, and The FoodHall; fashion and beauty outlets featuring Zara, Marks & Spencer, Kipling, Cotton On, Mango, Massimo Dutti, Swarovski, Zara Home, Boots, and Sephora; active sports and leisure stores under PlanetSports.Asia, Foot Locker, Converse, Golf House, Reebok, Skechers, Onitsuka Tiger, Staccato, and Clarks; kids' products through Kidz Station, Smiggle, and Lego; digital retail via Digimap and Digiplus; food and beverage concepts including Starbucks, Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, Godiva, Genki Sushi, and Subway; as well as other lifestyle offerings like Alun Alun Indonesia. It also conducts distribution for sports, kids, and lifestyle brands; operates cafes and restaurants; and pursues property, investment, bookstore, manufacturing, and handicraft trading activities.
Founded in 1995 and headquartered at Sahid Sudirman Center in Jakarta Pusat, Indonesia, the company listed on the Indonesia Stock Exchange in 2004 and employs over 31,000 professionals. PT Mitra Adiperkasa Tbk maintains approximately 3,800 retail stores across more than 80 cities in Indonesia, with additional presence in six other countries including Vietnam, the Philippines, and Thailand through international operations contributing around 17% of sales.
In recent developments, the company expanded its brand portfolio in 2024 by introducing world-renowned names such as Kiko Milano, Shark Ninja, and Kenneth Cole, while bolstering its multichannel strategy that drove a 19% year-over-year increase in online sales to 9.2% of total revenue. For 2025, PT Mitra Adiperkasa Tbk allocated IDR 2 trillion in capital expenditure, prioritizing optimization of high-performing brands like New Balance, Converse, Foot Locker, and Zara over aggressive expansion amid subdued food and beverage segment performance and economic conditions; this includes limited overseas growth supported by strategic partnerships such as those with SM Group in the Philippines and Central Group in Thailand. The Philippine Competition Commission cleared Pacific Universal Investments Pte. Ltd.'s acquisition of shares in the company in 2025, affecting its Philippine subsidiaries including MAP Active Philippines, Planet Sports, and Mapple Philippines, while the company reported full-year 2024 net revenue of Rp37.8 trillion, up 13.6% year-over-year.