Skip to content
Back to announcement

20250508_LPPF_Laporan Informasi dan Fakta Material_31884296_lamp2.pdf

Other Text extracted LPPF

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 3

Page 1
                                                                     PRESS RELEASE
                                                                      May 8th, 2025

Matahari Partners with Bravado through Universal Music Indonesia
        to Expand Access to Official Music Merchandise

Matahari ("Company"; stock code: "LPPF"), Indonesia's largest department
store chain, proudly announces its collaboration with Universal Music Indonesia
and Bravado to bring official music merchandise to Indonesian fans. This
partnership introduces an exclusive collection featuring legendary global acts
such as The Rolling Stones, with the Sex Pistols following in mid-May 2025. It also
marks the launch of AOS, Matahari’s newest private label that adds pop-
culture flair to everyday wear.




This marks the first time Universal Music Indonesia and Bravado have
collaborated with a local retailer to expand access to licensed band apparel.
By leveraging Bravado’s expertise in artist merchandising, the partnership
guarantees quality and authenticity of each product.

“We’ve seen the strong demand for official music merchandise in Indonesia,
and this partnership is a significant step in bringing global artists closer to their
fans. Through Matahari’s nationwide retail network, we are making it more
convenient than ever for music lovers to own authentic, stylish apparel,” said
Matt Young, President of Bravado.

“With this collaboration, we are making it easier than ever for Indonesian fans
to access quality licensed merchandise that celebrates their favorite artists.
Music and fashion intertwine, and we’re thrilled to bring this collection to fans,”
said Peter Hendarmin, Senior Commercial Director of Universal Music
Indonesia.
Page 2
Bravado, Universal Music Group’s leading merchandise and brand
management company, guarantees authenticity and quality in every design.
Matahari ensures the collection is tailored to local preferences, with fabrics
and styles selected to suit Indonesia’s tropical climate. All apparel is made from
100% cotton for optimal comfort and durability.

Alongside this collaboration, Matahari also introduces AOS (Artisan of Style)—
its latest exclusive brand offering trend-driven dailywear with a touch of pop
culture. AOS is built on the spirit of self-expression, blending various pop culture
influences such as music, art, film, and animated characters with streetwear
styles that resonate with today’s youth.

AOS’s debut collection draws inspiration from bands that have shaped music
history, such as The Rolling Stones and Sex Pistols, giving fans the opportunity
to wear clothing that reflects both their musical identity and the cultural
influence of these iconic artists.

“AOS is more than just fashion—it’s a platform for self-expression. We chose
music as the debut theme because it’s a universal language that transcends
generations and backgrounds. For this first collection, we translated legendary
music icons into everyday wearable pieces through a thoughtful and
deliberate design process. Each piece is made to be both stylish and
comfortable, reflecting the dynamic personalities of Gen Z and young
Millennials. With AOS, fans aren’t just buying clothes, they’re embracing a
piece of culture and expressing their identity,” said Tommy Indra, VP of
Merchandising for Special Project, Matahari.

The debut AOS collection features ranges of stylish yet comfortable T-shirts and
sweatshirts, specifically designed for Indonesia's climate. With prices starting
from IDR 129,900, the collection offers accessible fashion without
compromising on quality or design authenticity.

The collection will be available exclusively at all Matahari stores and online at
Matahari.com. Beyond T-shirts and sweatshirts, AOS will continue to expand its
offerings to include pants and other fashion-forward items.

Looking ahead, AOS will continue to collaborate with other global music icons
under Universal Music Group. The next lineup of musicians to be featured
includes Guns N’ Roses, Run DMC, Jamiroquai, Lady Gaga, and Billie Eilish —
all set to launch in 2025.

With this partnership, Matahari, Universal Music Indonesia, and Bravado look
forward to expanding the collection with more musicians, new designs, and
innovative fashion offerings through AOS. This initiative strengthens the
connection between global music icons and their fans while reinforcing
Matahari’s commitment to delivering authentic, trend-driven fashion to
Indonesian consumers.
Page 3
                                                                                          ###

About Matahari
Matahari is Indonesia’s leading retail platform, with a strong footprint of 140+ outlets across nearly 80 cities
and a growing digital presence. With over 60 years of history, the Company offers a wide range of quality,
affordable fashion and lifestyle products for Indonesia’s middle class. Matahari's numerous awards and
recognitions reflect its dedication to excellence and innovation, underscoring its role as a dynamic and
trusted brand in Indonesia.

About Universal Music Indonesia
Universal Music Indonesia is a part of the Universal Music Group, the world’s leading music company.
Universal Music Indonesia owns and operates business that engaged in music recording, music publishing
and merchandising.
Universal Music Indonesia identify and develop recording artists and songwriters. We also produce,
distribute and promote Indonesia’s critically acclaimed and commercially successful music to delight
and entertain fans all over Indonesia.
Our unmatched commitment to lead in developing new services, platforms and business models for the
delivery of music and related content empowers innovators and allows new commercial and artistic
opportunities to flourish.
Understanding that music is a powerful force for good thing in the world, it’s unique in its ability to inspire
people and bring them together, we work with our artists and employees to serve our communities.
Universal Music Indonesia is the home for Indonesia’s greatest artists, innovators and entrepreneurs.

About Bravado
Bravado lives at the crossroads of music and fashion. We understand the power of smart merchandising,
and we know how to create products that spark organic, emotional connections between fans and
artists. Our world class capabilities have made us the leading provider of consumer, lifestyle and brand
management services around the world. With teams in 40 countries, we create a tailored approach for
every project — from creating new spaces in the market to bringing an artist’s creative vision to life.
Bravado is about building brands and legacies that live on, beyond the music.


For further information, please contact:
Corporate Communications / Investor Relations
Matahari
Tel: (62 21) 547 5228
E-mail: corp.comm@matahari.com, ir@matahari.com


______________________________________________________________________________________________________________________________________________________


This press release has been prepared by Matahari ("LPPF") and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not
constitute a recommendation regarding the securities of LPPF. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations
included in this release constitute our judgment as of this date and are subject to change without prior notice. LPPF disclaims any responsibility or liability whatsoever arising which may be
brought against or suffered by any person as a result of reliance upon the whole or any part of the contents of this press release and neither LPPF nor any of its affiliated companies and
their respective employees and agents accepts liability for any errors, omissions, negligent or otherwise, in this press release and any inaccuracy herein or omission here from which might
otherwise arise.

Forward-Looking Statements

Certain statements in this release are or may be forward- looking statements. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import.
By their nature, forward looking statements involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release.
Factors that could cause actual results to differ include, but are not limited to, economic, social, health and political conditions in Indonesia; the state of the retail industry in Indonesia;
prevailing market and operating conditions, raw material prices and Import restrictions; competition from other companies; shifts in customer demands; changes in operation expenses,
including employee wages, benefits and training, governmental and public policy changes; our ability to be and remain competitive; our financial condition, business strategy as well as
the plans and objectives of our management for future operations;. Should one or more of these uncertainties or risks, among others, materialize, actual results may vary materially from
those estimated, anticipated or projected. Although we believe that the expectations of our management as reflected by such forward-looking statements are reasonable based on
information currently available to us, no assurances can be given that such expectations will prove to have been correct. You should not unduly rely on such statements. In any event, these
statements speak only as of the date hereof, and we undertake no obligation to update or revise any of them, whether as a result of new information, future events or
otherwise.

File

File Open PDF
Source IDX
Size0.38 MB
Published8 May 2025
Pages3
Characters9,664
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 0 people and organisations named in the text · linked when the evidence is strong

The name pass has not read this document yet.

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

↑↓ select ↵ open ⇧↵ see every result