Youngone Holdings

Youngone Holdings is a pure holding company, listed on KOSPI (Korea's main stock exchange), that controls subsidiaries manufacturing and distributing outdoor and sports apparel, footwear, and backpacks for roughly forty international brand-name buyers worldwide.

Its operating subsidiary produces these goods on an OEM basis, meaning it manufactures to the specifications of foreign brands, at factories across Bangladesh, Vietnam, El Salvador, and Ethiopia. Another subsidiary runs retail stores in Korea under the North Face brand, and a further subsidiary distributes SCOTT bicycles domestically. The holding company itself earns income primarily through dividends, IT-service fees, rent, and management fees collected from its subsidiaries.