Online fashion giants Musinsa, Sae-ter expand into physical stores
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- Fashion brands that achieved growth online, such as Musinsa and Sae-ter, are now expanding their physical retail presence.
- This move comes amid a slowdown in the overall domestic fashion market.
- Key drivers for opening new stores include increased foot traffic in popular areas due to tourism and the need to offer unique brand experiences beyond e-commerce.
Online fashion retailers, including prominent players like Musinsa and Sae-ter, are increasingly establishing a physical footprint, marking a significant shift in strategy. These brands, which built their success on e-commerce platforms, are now investing in brick-and-mortar stores.
This expansion into physical retail occurs even as the broader domestic fashion market experiences a slowdown. The decision to open more stores suggests a belief in the enduring value of physical retail, particularly for creating brand experiences that online channels cannot fully replicate. Key commercial districts like Myeongdong and Seongsu are seeing renewed interest, partly fueled by a rise in foreign tourist numbers.
The strategy appears twofold: capitalize on increased customer traffic in prime locations and offer consumers immersive brand environments. While online sales remain crucial, these fashion companies are betting that a tangible presence will enhance brand loyalty and reach new customer segments, ultimately complementing their digital operations.
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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