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Shinwon Corporation

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Shinwon Corporation
Native name
신원
Public company
Traded asKRX: 009270
ISIN🆔
IndustryFashion, Apparel, Textile
Founded 📆1973 (1973)
Founder 👔Park Sung-chul
Area served 🗺️
Key people
Park Sung-chul (Chairman)
Park Jung-joo (CEO)
Products 📟 Women's wear (Besti Belli, Si)
Men's wear (Sieg, Fahrenheit)
Streetwear (Markm)
Members
Number of employees
🌐 Websitewww.shinwon.com
📇 Address
📞 telephone

Shinwon Corporation (Korean: 신원) is a South Korean fashion and apparel company headquartered in Seoul. Established in 1973 by Chairman Park Sung-chul, it is one of the country's leading fashion retailers, known for brands such as Besti Belli, Si, and Sieg.

The company is historically significant for being the first South Korean entity to successfully operate and post profits in the Kaesong Industrial Region in North Korea, symbolizing inter-Korean economic cooperation.[1]

History

Founded as Shinwon Trade Corporation in 1973, the company initially focused on textile exports. In 1990, it launched its domestic fashion division with the women's brand Besti Belli, followed by Si in the same year. It expanded into men's fashion with the launch of Sieg in 1995.

Brands

Shinwon manages several well-known fashion brands in the domestic market: Besti Belli: Women's career casual brand launched in 1990. Si: Women's character casual brand. Sieg: Contemporary men's suit and casual brand. Fahrenheit: Urban utility wear for men. Markm: Street casual brand.

Key People

Park Sung-chul: The founder and chairman of Shinwon. He is known for his dedication to the fashion industry and inter-Korean relations. In 1997, he received an honorary doctorate in business administration from Chonnam National University in recognition of his contribution to the national economy.[2]

References

  1. "Business owner calls Kaesong 'needed for peace'". The Hankyoreh. 2007-01-05.
  2. "Shinwon Chairman Park Sung-chul receives Honorary Doctorate from Chonnam National Univ". Maeil Business Newspaper (in Korean). 1997-02-26.CS1 maint: Unrecognized language (link)



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