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Showing posts from January, 2020

‘apM Place’ and Fashion Revolution

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“We don’t want our clothes to exploit people or destroy our planet. Buying less, choose well.”   In the midst of the side effects of the fast fashion business of firms like Zara, H&M, UNIQLO, Forever21, and so., which mass-produces low quality fashion products and supplies them at low prices, the fashion revolution and its movement has been under this declaration. “Wow, this kind of wholesale market like a department store is in the Dongdaemun Fashion Cluster!” If anyone goes to apM Place, they will feel like watching fashion shows at another premium shopping mall giving an inspiration of going in and out of ultra-modern DDP. Foreign tourists, perhaps many retailers or buyers will not only be very excited, but also be able to meet their biz wants and needs.   “I love the interior layout as well as the collections. It’s definitely a boutique with really good designer items.” + Even though the Dong...

Start-up and a Formula of Success

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  One day, two fashion designers had a conversation at a coffee shop in Dongdaemun market.   “I finally decided to open up my own fashion wholesale shop in this market.” “Well. I respect the decision you’ve made. But there are lots of clothe shops. It seems risky.” One of the designers who decided to start-up said so firmly. “I know well. But I’ve been dying to start my own business. I’ll take my chances.” As such, many unknown Dongdaemun designers said tha t we want to do something very much as if one little boy is dying to meet his mother away. People also are saying that we are dying for a glass of water. Nowadays, people are very worried about the excessive competition in Dongdaemun market. The difficulties of many people who work hard every night in Dongdaemun market will still exist. Merchants in the market finished their work and closed the shops and took a long sigh. Then they would say Shakespeare’s monologue. “We did a good job last ...

Dongdaemun Fashion Cluster and the Circle of Safety

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Surprisingly, many fast fashion companies are now in crisis. Of course, there are many causes of the crisis. And in the many causes there are solutions. It is also true that there is opportunity in the midst chaos like the war of losing a lot of life and property. Although it is forgotten, Aesop’s stories in the 6th century BC about ‘Four Oxen and One Lion’ exists . One lion saw four oxen in a field. The lion then attacked the bulls several times. Oxen defended against the lion ’s attack, with the tails touching each other and drawing a round circle. They resisted the lion’s attack with their horns. At last, they had a quarrel among themselves, and each went off to pasture alone in a separate corner of the field. Then the lion attacked them one by one and soon made an end to all four oxen.   “We repair the stall after losing oxen.” It is late. The lesson of the story is that, the fence was not a protective wall. As Simon Sinek claims, oxen were able to avoid ...

K-fashion and the Midas Touch

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Nowadays, many consumers tend to buy famous fashion products simply by looking at the logo or brand. Most of them often do not get consumption satisfaction in the personalized trend for consumer preference. On the other hand, consumers who have purchased Dongdaemun fashion products will find the beauty in places they did not expect. Unlike global luxury brands, Dongdaemun fashion products are made by a number of unnamed designers and are more diverse than anything else. Many Dongdaemun fashion brands with 30,000 or more are different or diverse. Even though there are so many designer brands, every store’s fashion product is never uniform, same, or monotone. In this regard, Dongdaemun fashion products have strong market competitiveness thanks to the creativity of ‘many designers’ working together in each store. We are sure that designers working in Dongdaemun market tend to create demand for their customers by tr...