- CEO
- Dae-Hwan Kim
- Full Time Employees
- 544
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- 3, Dorimcheon-ro 21-gil Seoul SL South Korea 07448
- IPO Date
- Jun 2, 1975
- Business
- BYC Co., Ltd. BYC Co., Ltd. (001460.KS) manufactures and markets a wide range of knitwear and apparel products, with a primary focus on underwear and inner garments for men, women, and children in South Korea and select international markets including the Middle East, Asia, the United States, Africa, and Japan; its core textile offerings encompass men's and women's underwear such as briefs, boxers, lingerie, tank tops, thermal wear, socks, and stockings under prominent brands including BYC, Scorpio, Leson, Celpink, Deonia, CHARACTER, Body Heat, and Outway. The company also operates diversified non-apparel segments comprising contract construction services, construction sales and equipment rentals generating significant revenue alongside a smaller advertising agency business; these segments contribute to a balanced portfolio with textile products forming the majority of sales, construction sales/rentals around 30%, and advertising a minor portion, primarily serving domestic markets while maintaining export activities. Founded in 1946 as a meriyas knitting factory by Han Yeong-dae in Jeollabuk-do and headquartered at 3, Dorimcheon-ro 21-gil, Yeongdeungpo-gu, Seoul, South Korea, BYC Co., Ltd. listed on the Korea Stock Exchange in 1975, changed its name from Baekyang Co., Ltd. in 1996 to align with its flagship brand, and employs approximately 500-550 people across operations that include subsidiaries like Shinhanbang for textiles, Vicom Advertising, and overseas entities such as BYC Indonesia for production support. Recent developments include the completion of a new headquarters building in Daerim-dong, Seoul, in the second half of 2023 with an integrated directly managed store and paid parking facilities from the prior site; strategic production shifts post-2012 transferring substantial manufacturing to Indonesia from domestic factories like Jeonju while retaining fabric and cutting operations locally and closing Kaesong Industrial Complex facilities in 2016; ongoing real estate activities converting former sites such as the Guro lingerie factory into the BYC High City officetel for rental income from nationwide owned properties housing direct stores; and equity buyback announcements including KRW 2 billion in May 2025 alongside steady first-quarter 2025 earnings reports amid stable revenue near KRW 162 billion for fiscal 2024. The company maintains affiliations with Shinhan Academy operating schools and focuses on brand refreshment through younger advertising models while navigating shareholder dynamics including Truston Asset Management's stake accumulation since 2021 and family governance under CEOs Dae-Hwan Kim and Seok-Beom Han.