PT Matahari Department Store Tbk (“Matahari” or “Company”)
Matahari is Indonesia’s favourite family brand, offering a variety of affordable, quality fashion in a welcoming, pleasant environment.
PT Matahari Department Store Tbk (“Matahari” or “Company”) has a deep legacy in Indonesian retail. Beginning its journey on October 24, 1958 with the opening of its first outlet, a children’s fashion store, in Jakarta’s Pasar Baru district, Matahari went on to open Indonesia’s first modern department store in 1972. Since then, Matahari has established itself as a truly national brand.
It currently operates 156 stores in 73 cities across Indonesia, with a total retail space of more than one million square meters and has a growing online presence through MatahariStore.com
Drawing on its 59-year history, Matahari is enabling Indonesian families to look and feel good by providing an unbeatable selection of the latest fashion trends, as well as beauty products and homeware, showcased in its modern, friendly stores as well as its online platform, MatahariStore.com. Matahari is very proud of its support to the Indonesian economy, employing more than 40,000 people and partnering with approximately 850 local suppliers, as well as international suppliers.