- CEO
- Seok-Gu Do
- Full Time Employees
- 167
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- 1st Floor, 428 Hogye-ro Gimhae-si SG South Korea 621914
- IPO Date
- Nov 15, 1973
- Business
- LS Networks Corporation Limited is a South Korea-based company engaged in consumer brand and retail, global trading, and asset management businesses. The company operates its consumer brand segment through the distribution of sportswear, outdoor apparel, and footwear under prominent brand names such as PROSPECS, MONT-BELL, SKECHERS, JACK WOLFSKIN, and its professional bicycle brand BICLO. The trading segment involves the global trade of raw materials and equipment, machinery and plants, telecommunications and electric power products, new and renewable energy resources, as well as steel and coal. Its asset management business includes real estate rental services, notably managing properties like the LS Yongsan Tower, and logistics facilities situated in major South Korean locations including Incheon, Gimhae, and Seongnam. LS Networks is headquartered in Gimhae, South Korea, and was founded in 1949.
Recently, LS Networks has expanded its portfolio by strengthening its investment in asset management and consumer brands while maintaining a broad geographic reach that extends beyond South Korea into international markets. Key operational advancements include the strategic acquisition of eBest Investment & Securities, now rebranded as LS Securities, which marks the company's expansion into the financial sector with enhanced focus on investment banking. This acquisition reflects a significant strategic shift aimed at broadening the scope of its business activities. Additionally, LS Networks continues to invest in renewable energy and infrastructure development projects across Russia and Central Asia. The company has also maintained a strong presence in telecommunications through its trading of telecommunication equipment and networks. Through these moves, LS Networks consolidates its position as a multifaceted conglomerate active in multiple industries including consumer goods, trading, finance, and asset management.
The company serves diverse target markets, including consumers of branded sports and outdoor apparel, businesses requiring industrial materials and equipment, and tenants of commercial real estate. It holds a prominent place within the LS Group, known as the primary consumer goods division. LS Networks operates a comprehensive global trading business that intersects with energy, machinery, steel, and renewable resources sectors, ensuring a wide international operational footprint. Its sustained focus on consumer brand portfolio development, including high-quality offerings under domestic and international brand franchises, positions it strongly in the retail market. With over 70 years of history, LS Networks combines traditional trading capabilities with modern consumer retail and asset portfolio management, anchoring growth through recent strategic acquisitions and expansions.