Korea Federation of SMEs and Musinsa Join Hands to Support Growth of Apparel Industry

The Seoul Regional Headquarters of the Korea Federation of SMEs announced on July 3 that it has signed a business agreement with Musinsa, a leading domestic fashion platform, to support small-scale apparel manufacturers in Seoul. The signing ceremony took place at the SME DMC Tower in Sangam-dong.

Through this agreement, apparel companies based in Seoul are expected to establish sustainable growth momentum by cooperating with Musinsa’s partner businesses for apparel production and benefiting from Musinsa’s professional training support.

Jung Kyungeun, head of the Seoul Regional Headquarters of the Korea Federation of SMEs, said, "We deeply sympathize with Musinsa’s financial support initiatives for small business owners," and added, "Through this business agreement, we hope that small-scale apparel manufacturers in Seoul will regain vitality and continue to grow and develop."

Lee Jaehwan, head of Musinsa, stated, "We expect this to be an opportunity for small-scale apparel manufacturers and brands in Seoul to collaborate, based on Musinsa’s expertise and know-how gained from long-term support for small fashion brands."

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