- CEO
- Jun-Ho Choi
- Full Time Employees
- 153
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- 10th Floor, Business Building, Hyungji Global Fashion Complex, 49 Harmony-ro 177beon-gil, Yeonsu-gu Inchon IN South Korea
- IPO Date
- Sep 15, 2009
- Business
- Hyungji Elite Co., Ltd. (093240.KS) manufactures and markets school uniforms under the Elite brand, alongside corporate uniforms, workwear, and lifestyle apparel in South Korea. The company produces student uniforms, gym wear, and daily casual uniforms; corporate and industrial workwear tailored to client specifications through on-site analysis and sampling; sports merchandise and goods via partnerships with professional clubs including FC Barcelona and FC Seoul; e-sports apparel and sponsorship-related products; women's clothing under the RAGELLO brand; shoes, handbags, and accessories under Young Age, Portfolio, Esquire, and Sonobi brands; outerwear such as jackets, down jackets, trousers, jogging sets, and coats; and student essentials including innerwear, stockings, and belts via total solutions at uniform stores. It also engages in sewing trading and operates in the premium school uniform segment, with expansion into China through a prior joint venture and plans for ASEAN markets.
Hyungji Elite maintains market leadership in South Korea's school uniform sector, serving educational institutions, large corporates like the Samsung Group, sports organizations, and B2C consumers shifting from B2B workwear models; it targets premium segments in domestic and international markets including China. The company, founded in 1969 as a Cheil Industries subsidiary and independent since 2002, is headquartered in Incheon, South Korea, with historical ties to the Hyungji Fashion Group, which acquired a majority stake in affiliate Hyungji Esquire in 2022.
Recent developments include a 21.3 billion won shareholder capital increase announced in October 2025 for operating funds and debt repayment, issued at 928 won per share; robust first-quarter 2025 performance with revenue up 34% to 44.6 billion won, operating profit surging 402% to 7.5 billion won, and net profit rising 433% to 6.2 billion won, driven by school uniforms (up 22% on China demand) and sports businesses; launches of functional summer workwear under Wilby Workwear; and strategic B2C expansion in workwear alongside AI-driven management innovation.