Musinsa Reclaims Lead Over Uniqlo in South Korean Fashion Retail Payments

The battle for basics: Musinsa vs. Uniqlo

Musinsa reclaimed the lead in card payments among South Korea's fashion retailers in June, overtaking Uniqlo just a month after the Japanese giant briefly held the top spot, in the latest sign of an intensifying rivalry. Data from WiseApp Retail shows Monday that Musinsa recorded an estimated 347.3 billion won ($228 million) in card payments in June, up 27.3 percent from a year earlier and representing a 30.9 percent share among the country's 10 largest fashion retailers, including Uniqlo, Zara,

By The Korea Herald