Musinsa Designated as 'Specialized Trading Company' by Korean Ministry and Trade Association
Creatrip Team
a year ago
Musinsa, a South Korean fashion platform company, has been newly designated as a 'Specialized Trading Company' by the Ministry of Trade, Industry and Energy and the Korea International Trade Association. This designation helps mid-sized and small businesses lacking export experience and international networks by facilitating exports. In Korea, 678 companies have been selected for this designation so far. Musinsa will hold this status for three years, until June 2028, and aims to support the global expansion of K-Fashion brands and small enterprises. Musinsa's global store network, launched in regions like Japan and Thailand, has seen a remarkable growth rate of 260% annually since its inception in late 2022.