Under Armour opens office in Korea
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U.S. sports brand Under Armour said Thursday that it has opened an office in Korea to operate its business directly next year. So far, its clothes, shoes and sports equipment have been imported, marketed and sold through business partner Hyosung Galaxia.
The company said it decided to bring its products directly to Korean consumers as the country’s sports and fitness market continues to grow.
“Under Armour will strengthen its marketing, distribution and retail efforts, providing Korean consumers with the best brand and shopping experience,” said David Song, country manager of Under Armour Korea. “We will open our flagship store in southern Seoul in January. The brand will also continue to connect with athletes directly and promote sports, fitness and healthy living through its connected fitness platform, which is the world’s largest digital health and fitness community.”
Song said driving deeper growth in Korea is a pivotal component of the firm’s comprehensive international growth strategy. “Through design, innovation and our Under Armour connected fitness platform, we look forward to forging long-term relationships directly with athletes at every level in the country.”
Under Armour Korea plans to open premiere retail shops and carry out robust marketing campaigns to tell its unique brand story, as well as invest in the next generation of Korean athletes to exemplify its brand.
Questions & Answers
Q.What is Under Armour's main reason for opening its own office in Korea?
What is Under Armour's main reason for opening its own office in Korea?
The company decided to bring its products directly to Korean consumers because the country’s sports and fitness market continues to grow. This is part of its comprehensive international growth strategy.
Q.Who was previously responsible for selling Under Armour products in Korea?
Who was previously responsible for selling Under Armour products in Korea?
Under Armour's clothes, shoes, and sports equipment were previously imported, marketed, and sold in Korea through its business partner, Hyosung Galaxia.
Q.What specific retail plans does Under Armour have for Korea?
What specific retail plans does Under Armour have for Korea?
Under Armour plans to open its flagship store in southern Seoul in January. It will also open premiere retail shops and conduct robust marketing campaigns.
Q.How will Under Armour connect with consumers beyond physical stores?
How will Under Armour connect with consumers beyond physical stores?
The brand will connect with athletes directly and promote sports, fitness, and healthy living through its connected fitness platform, a large digital health community.
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