Hansae

Hansae Co., Ltd.

Hansae Co., Ltd. is a prominent South Korean apparel company, renowned for its comprehensive manufacturing and global supply chain capabilities. Established in 1982, Hansae has carved a niche in the apparel industry through its commitment to quality, innovation, and customer satisfaction.

Corporate Overview

• Headquarters: Seoul, South Korea
• Industry: Apparel Manufacturing
• Founded: 1982
• Key Principal: Ik Hwan Kim

Financial Highlights

• Annual Revenue (2022): $1.65 billion USD
• Net Income Growth (2022): 27.17%
• Assets: $1.24 million USD

Global Presence

Hansae's influence spans across the globe, with 12 overseas corporations in 6 countries, including Vietnam, Nicaragua, Guatemala, Indonesia, Myanmar, and Haiti. The company's largest facility, a 300,000-square-meter factory in Vietnam, is a testament to its expansive operational scale and workforce of approximately 20,000 employees.

Business Model

The company excels in both Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM), supplying clothing primarily to the United States market. Hansae's business model is bolstered by its R&D centers located in Seoul and New York City, ensuring a constant pipeline of innovative products and designs.

Subsidiaries and Partnerships

Hansae's diverse portfolio includes subsidiaries such as YES24, a leading online bookstore and e-commerce platform in South Korea, and Dong-A Publishing, a publisher of books and magazines. These strategic investments reflect Hansae's vision to integrate vertically and expand its market influence.

Commitment to Sustainability

With an eye on the future, Hansae is dedicated to sustainable practices and ethical manufacturing. The company's environmental, social, and governance (ESG) ranking is a reflection of its efforts to operate responsibly and with consideration for the global community.

Hansae Co., Ltd. continues to thrive as a leader in the apparel manufacturing sector, leveraging its extensive experience and innovative approach to meet the evolving demands of the fashion industry.