All data are based on the daily closing price as of November 22, 2024

Kolon FnC to Introduce Italian Luxury Brand N21 in South Korea

The company secures exclusive distribution rights, opening first store in Hyundai Department Store
South Korea
k 120110.KO Mid and Small Cap 2000
Share this on

Kolon FnC, a clothing bradhouse unit of Kolon Industries, announced plans to launch the Italian high-end fashion brand N21 in South Korea, securing exclusive distribution rights as part of its ongoing expansion into the luxury market. The first N21 store is slated to open at the Hyundai Department Store Trade Center later this month, marking the brand’s official entry into the Korean market.

This move is part of Kolon FnC’s broader strategy to enhance its portfolio of international luxury brands. The company, already representing names like Marc Jacobs and Valextra, aims to strengthen its position by adding N21’s modern and feminine designs to its lineup. Founded by Alessandro Dell’Acqua in 2010, N21 is known for its high-quality products, ranging from knitwear to handbags, catering to fashion-conscious consumers.

Kolon FnC is banking on the synergy between N21 and its other brands to capture a larger share of the luxury market in South Korea. With this new addition, the company continues to position itself as a key player in the high-end fashion sector.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top