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FlagFillIconNow In Korea
Foreigners Flock to Popular Korean Shopping Mall with 1 Trillion Won in Sales
Creatrip Team
10 months ago
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Musinsa, Korea's leading fashion platform, achieved its first sales milestone of over 1 trillion won last year, driven by increased offline store expansion and a surge in foreign customer spending. The brand has seen its annual Gross Merchandise Volume (GMV) grow by over 20% to reach mid-4 trillion won, with its women's fashion platform 29CM also showing significant growth. Musinsa's success is partly attributed to the global 'K-fashion' trend and strategic investments in new markets. Their flagship store in Seoul's Seongsu district has become a landmark for foreign tourists eager to experience Korean fashion. Musinsa plans to continue expanding its offline presence and explore international markets, particularly in Japan.
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