Edge Rewrite
translate Source code View original
Jump to content

Draft:F&F (company)

From Wikipedia, the free encyclopedia
(Redirected from Draft:F&F Co., Ltd.)


F&F Co., Ltd.
Native name
주식회사 에프앤에프
Jusikhoesa Epeuaenepeu
TypePublic company
KRX: 383220
IndustryFashion, apparel, retail
Founded1992; 34 years ago (1992)
FounderKim Chang-soo
Headquarters
Seoul
,
South Korea
Key people
Kim Chang-soo (Chairman and CEO)
ProductsApparel, accessories, footwear, cosmetics
BrandsMLB, MLB Kids, Discovery Expedition, Duvetica, Sergio Tacchini, Banila Co
RevenueIncrease ₩1.93 trillion (2025)
Increase ₩468.5 billion (2025)
Increase ₩402.7 billion (2025)
Number of employees
Approximately 600–700
Websitefnf.co.kr

F&F Co., Ltd. (Korean: 주식회사 에프앤에프) is a South Korean fashion and lifestyle company headquartered in Seoul. The company designs, manufactures, and sells apparel and accessories mainly through brand licensing and owned brands. It is listed on the Korea Exchange under the ticker symbol 383220.

History

[edit]

F&F was founded in 1992 by Kim Chang-soo.[1][2] The company initially focused on importing and distributing foreign fashion brands in the South Korean market, including Benetton and Sisley.[3]

In 1997, F&F secured licensing rights for Major League Baseball (MLB) apparel in South Korea. The brand expanded from hats into clothing, footwear, and accessories and later grew significantly in China and other Asian markets. In 2012, the company launched the outdoor lifestyle brand Discovery Expedition under license from Warner Bros. Discovery.[4]

In 2021, the fashion business was spun off as a separately listed company named F&F Co., Ltd., while the parent company was reorganized as F&F Holdings.[5]

Brands and operations

[edit]

F&F primary brands include:

  • MLB and MLB Kids – streetwear and casual apparel.[6][7]
  • Discovery Expedition – outdoor and lifestyle clothing.[8][9][10]
  • Duvetica – Italian premium outerwear (owned).[11][12]
  • Sergio Tacchini – tennis and sportswear (owned).[13][14]
  • Banila Co – cosmetics (related brand).

The company operates offline retail stores and online channels in South Korea, China, and other Asian markets. MLB and Discovery Expedition have historically accounted for the large majority of its revenue.

Entertainment activities

[edit]

In November 2022, F&F established a subsidiary called F&F Entertainment. The subsidiary co-produced the SBS survival audition program Universe Ticket, which resulted in the debut of the girl group UNIS in March 2024. F&F Entertainment has also been involved in other talent management and content projects.[15][16][17]

Investment in TaylorMade

[edit]

In 2021, F&F participated as a major strategic investor in the acquisition of the American golf equipment company TaylorMade. In July 2025, F&F announced that it had hired Goldman Sachs as a financial advisor regarding a potential acquisition of TaylorMade.[18] The company stated that it held contractual rights, including consent rights and a right of first refusal, related to any sale of TaylorMade, and indicated it was prepared to take legal measures if those rights were disregarded.[19][20]

Financial performance

[edit]

In the full year 2025, F&F reported consolidated revenue of ₩1.93 trillion, operating profit of ₩468.5 billion, and net income of ₩402.7 billion.[21]

References

[edit]
  1. ↑ "Kim Chang-soo". Forbes. Retrieved 2026-08-04.
  2. ↑ 김효혜 (2024-01-10). "F&F Group Chairman Kim Chang-soo, who is writing a success story as a licensed fashion brand "ML.. - MK". 매일경제. Retrieved 2026-08-04.
  3. ↑ "Kim Chang-soo". Forbes. Retrieved 2026-08-04.
  4. ↑ CHOSUNBIZ (2026-05-07). "F&F powers China growth as MLB sales surge, eyes Discovery expansion". CHOSUNBIZ. Retrieved 2026-08-04.
  5. ↑ Global, KED. "TaylorMade sale takes new turn as F&F hires Goldman for bid - KED Global". KED Global. Archived from the original on 2026-07-31. Retrieved 2026-08-04.
  6. ↑ Yang, Jiyoon (2023-05-23). "MLB apparel by Korea's F&F finds favor in China". KED Global. Retrieved 2026-08-04.
  7. ↑ "F&F Achieves Record Performance... MLB and Discovery Drive Sales in Chinese Market". The Asia Business Daily. 2023-02-02. Retrieved 2026-08-04.
  8. ↑ Hyung, Joo Oh (2024-07-19). "F&F to expand Discovery clothing business across Asia". KED Global. Retrieved 2026-08-04.
  9. ↑ Min-ji, Cha (2024-07-17). "F&F Discovery Expands into China and Southeast Asia… Secures Exclusive License". Yonhap News Agency. Retrieved 2026-08-04.
  10. ↑ "Byeon Wooseok-backed Discovery... Challenges 100 Stores in China Next Year". The Asia Business Daily. 2024-07-29. Retrieved 2026-08-04.
  11. ↑ IQ, S&P Capital (2018-06-04). "F&F Co., Ltd. and an unknown buyer completed the acquisition of certain business units from Duvetica Industrie SpA and Brands Safe Holding Spa. | MarketScreener". www.marketscreener.com. Retrieved 2026-08-04.
  12. ↑ "F&F to buy Italian down jacket brand Duvetica - 매일경제 영문뉴스 펄스(Pulse)". Pulse (in Korean). Retrieved 2026-08-04.
  13. ↑ "South Korean Fashion Group F&F Acquires Sergio Tacchini | SGB Media Online". sgbonline.com. Retrieved 2026-08-04.
  14. ↑ WW, FashionNetwork com (2022-07-13). "Sergio Tacchini bought by South Korean group F&F Holdings". FashionNetwork.com. Retrieved 2026-08-04.
  15. ↑ 방영덕 (2022-11-24). ""도깨비 커플 패딩 많이 팔았는데"...F&F, 엔터社 설립". 매일경제 (in Korean). Retrieved 2026-08-04.
  16. ↑ "F&F Establishes Entertainment Division to "Develop Global K-pop Stars"". The Asia Business Daily. 2023-01-10. Retrieved 2026-08-04.
  17. ↑ 연합뉴스 (2023-01-10). "F&F Co. launches entertainment subsidiary for content investment". 연합뉴스 (in Korean). Retrieved 2026-08-04.
  18. ↑ Robinson, Spencer (2025-07-05). "Korean Investors in TaylorMade Power Struggle - Asian Golf Industry Federation". Retrieved 2026-08-04.
  19. ↑ Wu, Kane (2025-07-21). "S. Korean fashion retailer F&F hires Goldman for TaylorMade acquisition". Reuters. Retrieved 2026-08-04.
  20. ↑ "F&F Engages Goldman Sachs as Strategic Financial Advisor for Potential TaylorMade Acquisition". BusinessWire. 2025-07-21. Retrieved 2026-08-04.
  21. ↑ "F&F 2025 net profit up 13.1 pct to 402.7 bln won". Yonhap News Agency. 2026-02-10. Retrieved 2026-08-04.
  22. "Kim Chang-soo". Forbes. Retrieved 4 August 2026.
  23. "F&F 2025 net profit up 13.1 pct to 402.7 bln won". Yonhap News Agency. 10 February 2026. Retrieved 4 August 2026.
  24. "S. Korean fashion retailer F&F hires Goldman for TaylorMade acquisition". Reuters. 21 July 2025. Retrieved 4 August 2026.
  25. "F&F Engages Goldman Sachs as Strategic Financial Advisor for Potential TaylorMade Acquisition" (Press release). Business Wire. 21 July 2025. Retrieved 4 August 2026.
Cite error: A list-defined reference named "forbes-kim" is not used in the content (see the help page).
Cite error: A list-defined reference named "yonhap-2025" is not used in the content (see the help page).
Cite error: A list-defined reference named "reuters-tm" is not used in the content (see the help page).
Cite error: A list-defined reference named "businesswire-tm" is not used in the content (see the help page).
[edit]

Category:Fashion companies of South Korea Category:Companies listed on the Korea Exchange Category:Companies established in 1992 Category:Clothing companies of South Korea Category:Retail companies of South Korea Category:Companies based in Seoul Category:South Korean companies established in 1992

Retrieved from "https://en.wikipedia.org/w/index.php?title=Draft:F%26F_(company)&oldid=1367610299"