Jakarta - PT Map Active Adiperkasa Tbk (MAPA) cooperates with Foot Locker, Inc. athletic specialty retailer based in New York, United States of America, to expand its business in the Southeast Asia region.

The signing of an exclusive license agreement with MAPA, the largest sports and leisure brand trading company in ASEAN, a subsidiary of PT Mitra Adiperkasa Tbk (MAPI), marks the entry of Foot Locker Inc. into the Indonesian market as a flagship brand.

MAP CEO V.P. Sharma said the company seeks to establish partners with leading global retailers.

"Foot Locker has an iconic reputation in the sneaker and youth lifestyle world. We are optimistic that the omni-channel retail model offered will provide a new experience for many leading shopping centers and Indonesian consumers," he said in information disclosure on the IDX on Monday (13/9).

Meanwhile, Executive Vice President and Chief Executive Officer—the Asia Pacific and Foot Lo