- Business
- Shinyoungwacoal, Inc. (005800.KS) manufactures and distributes women's foundation lingerie, brassieres, girdles, stockings, pajamas, and other undergarments in South Korea and select overseas markets; core products include foundation wear and intimate apparel sold under brands such as VENUS, PINK VENUS, VENUS MEN, ORLFA, SOLB, WACOAL, SALUTE, MC, RIECHE, MOTHERPIA, REMAMMA, ART-BEAU, VENUS CHOU, JASMIN, ANETA, and TRENO. The company also engages in sewing product manufacturing and processing, real estate leasing, import/export activities, and e-commerce operations through platforms like the Venus e-shop. Founded in 1954 and headquartered at 104 Gasan Digital 1-ro, Geumcheon-gu, Seoul, South Korea, it primarily serves department stores, discount stores, wholesale outlets, and online channels targeting female consumers in the domestic apparel manufacturing sector. Recent developments include reporting earnings for the third quarter and nine months ended September 30, 2025, alongside ongoing membership program updates and campaigns such as the 2023 Pink Ribbon initiative for breast cancer awareness, with no major acquisitions, partnerships, or strategic shifts announced in the past 1-2 years.