Fabric and Parts Market, its Supply Power

   Sometime in the fall of 2021, an employee of Seoul Click, the export agent for fashion product at Dongdaemun market, received an email. This is one of several emails from all over the world. 

 

“Can we ask you a favor for new fabrics swatches for our new collection please?”

 

The company selects Dongdaemun fashion products of good quality, quickly adapts to trend, and at low prices, and exports them with various services through inspection. For one reason or another, the company is well known to domestic & foreign fashion retailers and buyers.

 

Recently, in addition to the finished products of Dongdaemun fashion, the commercial scale of various fabrics and parts is rapidly increasing, the company representative said. It is interpreted as a response to the strong supply power of the Dongdaemun market, which has a competitive edge in the global fashion business world, especially in ‘the merchandising of novelty and diversity’.

 

As we all know, fabric is a very important commercial item in fashion design as well as manufacturing and sales of finished fashion products. Here’s a related discussion on the Ellin blog.

 

“The fabric is like drawing paper, which is indispensable for the realization of a design. By analogy with farming, design is like choosing a crop and growing it well. In this way, the fabric can be described as a field that enables a good harvest.” +

 

Just as seeds can grow well in fertile soil, it is argued that good fabric will lead to good design and to manufacture and sell better fashion products.

 

Not only that, along with the choice of fabric, which fabric stands out more depending on the pattern, etc., becomes an important decision-making in manufacturing and selling better fashion products.

 

As everyone can see, the boom and growth of the Dongdaemun market and the enhancement of its market competitiveness are not only achieved by selling products of designers’ brand at a reasonable price, but also thanks to the strong supply chain system in the market.

 

 


-Some of the popular Dongdaemun fashion items we exported last week, seoulclick.com-

In particular, Dongdaemun market is stronger than ever with the smooth supply of new and diverse fabrics and parts under a tight supply chain system.

 

Already, global fashion retailers and buyers seem to be amazed by the speed of manufacturing and trading of Dongdaemun fashion products, as well as the size of the fabric and parts market and the number of stores that enable and sustain that speed.

 

“There is fabric and parts market that sells new and various items in the Dongdaemun market. When I visited the fabric market, I realized that there was a great deal of small and medium-sized stores. Such a marketplace is not found in any other European country, including England. It’s an eye-opening market.” ++

 

This is the discussion of Aaon Dezonie, CEO of DarkCircle Clothing, Ltd., a British clothing import company. Dongdaemun market has a history of more than 100 years along with the modernization period. Meanwhile, the famous Pyeonghwa Market, which started in the 1960s, is like an early morning in the Dongdaemun Fashion Cluster because design, manufacturing, and sales were carried out together in a space of the marketplace.

 

 Dongdaemun market has been equipped with a supply chain such as wholesale and retail markets for fashion products, as well as the fabric and parts markets and sewing factories. Then, as the market size grew, the Dongdaemun Shopping Complex was established in 1970 as the largest market for fabric and parts in Asia. Also, as large and small fabric and parts markets have increased in the around, the size of the market site is probably the largest in the world.

 

At Dongdaemun Shopping Complex, anyone can see and choose from a variety of new and diverse items ranging from cotton, wool, silk, rayon, and denim, to their colors and patterns. There some pieces of cloth and vivid photos displayed at the market site are also fantastic.

 

In the new wave of the fashion revolution, many Dongdaemun market people are introducing new and diverse patterned items with the intention of manufacturing and trading eco-friendly fabric.

 

The fabric and parts of Dongdaemun Shopping Complex have maintained their competitive edge in the market through the accumulation of experience and technical know-how accumulated by fashion designers, pattern makers, and textile factory executives and technicians for the past 80 years. Furthermore, the commerce of fabric and parts markets has further improved its market competitiveness by stimulating and adapting to the needs and desires of fashion retailers and buyers, and the rapidly changing trends of colors, and patterns.

 

Above all, Dongdaemun Shopping Complex has a small quantity of various fabrics and parts that are manufactured and shipped in line with changing trends thanks to the use of technological tools of the 4th industrial revolution, such as big data and 3D printing.

 

As mentioned earlier, Seoul Click, an export agency, is achieving global marketing performance by selecting, inspecting, and exporting fabric and parts as well as finished products.

 

It’s just wonderful. That is because it is a marketing performance in the midst of the unprecedented global COVID-19 pandemic.

 

+ www.money-news.co.kr

++ www.seoulclick.co.kr

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Bong Sul (Advisor, SeoulClick)

www.seoulclick.com

Read more: Bong (Bong Sik) Sul, Dongdaemun Style, ebook.kstudy.com, Seoul, 2019.

 

 

 

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