CT Corp acquired a majority stake in
Mahagaya Perdana in 2007 and renamed the company Trans Fashion.
Trans Fashion is the leading high-end fashion retailer in
Indonesia with more than 25 international high-end brands such as:
Hugo Boss, Etienne Aigner, Tods, Versace, Tommy Hilfiger,
Valentino, Brioni, Jimmy Choo, Furla, Giorgio Armani, Mango, etc.
The company operates nearly 100 branded boutique stores in major
cities across Indonesia. Trans Fashion is evidently riding on the
boom of Indonesian affluent consumers, with EBITDA growth per year
around 40% in the last three years
Trans Fashion also has an establishment in Thailand, through
acquisition of Wanmani in 2008. Trans Fashion Thailand holds
exclusive licenses for such as Giorgio Armani, Emporio Armani,