Musinsa joins list of world's most innovative companies for 2023

• Published date: 04 March 2023
• Publication title: The Korea Times

Musinsa has been named as one of the world's most innovative companies for 2023 by Fast Company ? the world's leading business media brand based in New York ? Korea's largest online fashion platform said Friday.

The world's most innovative companies list is Fast Company's signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy. This year's list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow.

"We are honored to be named in Fast Company's list of the most innovative companies in Asia Pacific," said a representative from Musinsa. "Being selected as the first innovative company among fashion-focused vertical platforms in Korea is a virtuous circle that Musinsa has created with many brands. We will continue discovering and promoting new fashion brands at home and abroad, revitalizing the fashion ecosystem by focusing on nurturing brands with growth potential and strengthening our offline presence."

The company started as an online community for sneaker fanatics in 2001. Today it features clothes from over 7,000 local designer brands and its in-house fashion brand, Musinsa Standard. Over the years, it has developed an extensive fashion ecosystem, including an online fashion community, brand incubator and offline...