MUSINSA

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MUSINSA - overview

Established

2012

Location

Seoul, -, South Korea

Primary Industry

Retail

About

Established in 2012 and based in Seoul, South Korea, MUSINSA Co. , Ltd. operates as a fashion-oriented online boutique company that introduces various lifestyle products, such as clothing, shoes, bags, and jewelry, and sells them through its website. In April 2025, IMM Investment acquired a minority stake in MUSINSA from an undisclosed investor for KRW 10 billion.


The company provides lifestyle products, such as clothing, shoes, bags, and jewelry, etc. The business of the company includes fashion magazines, online stores, and branded retail services.


Current Investors

Sequoia, IMM Investment, KKR

Primary Industry

Retail

Sub Industries

Accessories, Beauty & Hygiene, Clothing, Footwear, Clothing Stores, Internet

Website

www.musinsa.com

Verticals

E-commerce, Mobile Apps

Company Stage

Series C

Total Amount Raised

Subscriber access only

MUSINSA - timeline of key events

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MUSINSA - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)47,231,239,86367,721,259,119108,106,420,642219,738,024,191331,949,190,411466,748,083,590708,347,999,727---
% Revenue Growth (YoY)-43.4%59.6%103.3%51.1%40.6%51.8%---
EBITDA (USD)21,754,446,68723,737,703,40428,163,853,71654,307,181,61658,308,833,32771,516,896,90736,915,381,546---
Operating Income (USD)21,712,093,96523,385,323,42926,919,525,40549,306,181,52045,570,437,09954,168,764,1413,163,785,102---
Operating Margin46.0%34.5%24.9%22.4%13.7%11.6%0.4%---
% EBITDA Margin46.1%35.1%26.1%24.7%17.6%15.3%5.2%---
NET Income (USD)16,731,940,11718,674,061,83222,448,397,88243,453,831,83237,557,482,251115,008,607,403(55,805,805,473)---
% Net Margin35.4%27.6%20.8%19.8%11.3%24.6%(7.9%)---

MUSINSA - employee data

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