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South Korean fashion retailing group Samsung C&T has announced plans to sell Brooks Running products under exclusive contract. The Seattle-based sports apparel label occupies a large share of the American running gear market and is one of the top three…
South Korea’s Hyundai Department Store is buying trading company SK Networks’ fashion business for KRW326.1 billion (US$284 million). When the purchase is complete, probably by February, SK Networks (SKN) will no longer have interests in the fashion industry.…
Chinese e-commerce giant Alibaba Group launched its Korea Fashion Week with its Taobao, Juhuasuan and Tmall online platforms in Seoul. Alibaba pledged to strengthen its exploration of overseas markets and to ink agreements with overseas brands to jointly…
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