- CEO
- Kyi-Hak Sung
- Full Time Employees
- 351
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- 159 Mallijae-ro Seoul SL South Korea 04500
- IPO Date
- Jul 30, 2009
- Business
- Youngone Corporation (111770.KS), founded in 1974 and headquartered in Seoul, South Korea, manufactures and sells outdoor apparel, footwear, bags, gear, and related supplies on a global basis as a leading original equipment manufacturer (OEM) supplier to major brands including Patagonia, Adidas, Lululemon, Outdoor Research, and The North Face. The company produces technical outdoor clothing and sportswear, knitwear, sweaters, casual wear, woven and knit fabrics, synthetic insulations, nylon and polyester textiles; sports shoes, casual sneakers, winter boots, military boots, safety boots; hiking bags, travel bags, casual bags, business bags, camping supplies, women's handbags, sleeping bags, and socks, with vertically integrated production encompassing weaving, dyeing, post-processing, lamination, printing, advanced sewing, embroidery, and eco-friendly technologies such as water-repellent processing and recycled materials. Youngone operates production facilities in Bangladesh, Vietnam, China, El Salvador, Uzbekistan, Ethiopia, Thailand, and most recently India through its wholly owned subsidiary Evertop Textile and Apparel Complex Pvt Ltd, which broke ground in May 2023 at the Kakatiya Mega Textile Park in Telangana with an initial US$120 million investment across eleven factories focused on export production under a special economic zone; it maintains offices in the United States, Switzerland, Taiwan, Hong Kong, and Singapore, employs over 90,000 people worldwide, and tops Bangladesh's export list for fiscal year 2024-25 with nearly US$1 billion in exports. As a subsidiary of Youngone Holdings Co., Ltd., the company expanded its strategic investments by launching a Corporate Venture Capital (CVC) fund in 2022 targeting fashion brands, fabric innovators, automation, and ESG startups in the US, Europe, and Southeast Asia; loaned its majority-owned subsidiary Scott Sports SA 150 million Swiss francs (US$176 million) at the end of 2023 at 4.6% interest for working capital; installed 35 MWp of rooftop solar capacity in Bangladesh aiming for 45 MWp expansion and 100 MWp globally by 2030; introduced its Sustainability Management Report 2023 and received WCD Visionary Awards along with family-friendly certification in 2025; and launched Tekvision to drive IT innovation in Bangladesh while achieving revenue growth to W3.79 trillion in 2025 with operating profit recovery in 1Q25.