Mitra Adiperkasa Archives - Inside Retail Asia

Everstone may quit Burger King Indonesia stake

Private equity firm Everstone Capital may sell its stake in Sari Burger Indonesia, the country’s master franchise owner of Burger King.

US investor buys into Mitra Adiperkasa

US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map).

Mitra Adiperkasa to launch in Sri Lanka

Indonesian multi-brand retailer Mitra Adiperkasa is planning a foray into Sri Lanka, attracted by the opening economy and growing middle class.

Aeropostale to enter India, Indonesia

US mall-based youth fashion discounter Aeropostale has announced new partnerships in India and Indonesia.

[:en]Domino’s Indonesia sold[:zh]印尼Domino的出售

[:en]Mitra Adiperkasa has sold its majority stake in Domino’s Pizza Indonesia to private equity firm Everstone Capital. The two have reached an agreement that will see Everstone taking 51 per cent stake in Domino’s Pizza, which has 60 outlets in Indonesia. “Our balance sheet is already stretched. By having a strategic partner, we can invest our limited capital into other brands like Starbucks,” said Mitra Adiperkasa VP director Virendra Prakash Sharma. Sharma said they’re caut…

Mitra Adiperkasa plans massive expansion

Indonesian retailer Mitra Adiperkasa is to massively expand its footprint with 250 new stores planned this year. Mitra Adiperkasa says the expansion plan will cost 600 billion Indonesian rupees ($49 million). The company now has 1710 stores across Indonesia, having added 327 new stores last year. It also plans to expand its portfolio of brands by bringing more to the Indonesian market, to complement its existing portfolio, which includes Galeries Lafayette, Zara Home, Starbucks, Debenha…