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Games & Commerce
Musinsa posts Q1 operating profit of 19.0 billion won, up 8.2 percent on year
Musinsa said on Tuesday it posted first-quarter consolidated revenue of 363.6 billion won and operating profit of 19.0 billion won, with revenue up 24.1 percent and profit up 8.2 percent from a year earlier, its best-ever first-quarter result. On a standalone basis, it reported revenue of 335.0 billion won and operating profit of 27.5 billion won. It recorded a standalone net loss due to interest expenses from accounting for RCPS as liabilities.
Games & Commerce
Musinsa opens Seongsu megastore in push to expand offline
Musinsa has opened its largest offline select shop, Musinsa Megastore Seongsu, in Seoul’s Seongsu-dong as it accelerates its offline expansion. Spanning five floors from basement level 1 to the fourth floor, the store combines fashion and beauty with content and food and beverage. It features about 1,000 brands and strengthened O4O functions that reflect online data in-store. Musinsa aims to broaden its customer base beyond younger shoppers and position Seongsu as a key offline hub.
Games & Commerce
Musinsa posts 140.5 billion won operating profit in 2025, up 37 percent
Musinsa said on Monday its 2025 annual revenue rose 18.1 percent from a year earlier to 1.47 trillion won, while operating profit increased 36.7 percent to 140.5 billion won. Net profit fell 41.2 percent to 7.7 billion won on a consolidated basis, and the company posted a standalone net loss of 29.1 billion won, citing an accounting policy change related to redeemable convertible preferred shares.
