Shinsegae Factory Store Donates Fashion Items to Areumdawoon Gage
Over 4,000 Pieces, Worth Approximately 300 Million KRW
Shinsegae Factory Store announced on the 27th that it has signed a Memorandum of Understanding (MOU) for social contribution activities with the Beautiful Store Foundation.
Jang Yoon-kyung, Executive Director of Beautiful Store (left), and Lee Won-ho, Senior Executive Director of CSR at Shinsegae, are taking a commemorative photo after signing a business agreement.
[Photo by Shinsegae]
Through this agreement, clothing items sold twice a year at 15 Shinsegae Factory Store locations nationwide will be donated. Approximately 4,000 unsold clothing pieces from overseas fashion, men's and women's fashion, children's, and sports genres, worth about 300 million KRW annually based on regular retail prices, will be donated.
The donated items will be sold through Beautiful Store branches, and the proceeds will be used for support projects for underprivileged neighbors and environmental causes.
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A Shinsegae Department Store official stated, “We decided to donate as part of reusing and recycling fashion products,” adding, “Through continuous ESG (Environmental, Social, and Governance) activities, we aim to become a company that grows together with the local community.”
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