South Korean fashion retailer Musinsa has announced plans for an initial public offering (IPO), with an estimated valuation of around 10 trillion won (approximately $6.8 billion). The company has selected Citigroup and JPMorgan as underwriters for the IPO, aiming to go public in 2025.
Founded in 2001, Musinsa has evolved over two decades from a niche streetwear website into a globally recognized fashion platform.