SG

What SG does

SG세계물산 (SG World Industries) is a Korean publicly listed fashion company founded on November 20, 1964, and headquartered in Geumcheon-gu, Seoul, with capital of 101.2 billion KRW and 5,001–10,000 employees. The company operates two distinct business segments: an export-oriented OEM/ODM garment manufacturing arm and a domestic multi-brand fashion retail business. The export division manufactures men's and women's suits, casual wear, and children's clothing through wholly-owned and affiliated facilities in Vietnam (SSV Export Garment Company in Hai Duong with 25 production lines, HCMC Co., Ltd), Bangladesh (divested 2019), and China (Dalian office), selling to major international buyers including Gap, Amazon, Target, Banana Republic, Macy's, Abercrombie & Fitch, and TJX. The CEO has stated the export business is transitioning from OEM to ODM to improve margin stability.

The domestic fashion business comprises four proprietary brands — BASSO (Italian-inspired premium menswear), BASSO homme (contemporary casual menswear), ab.f.z (chic women's casual), and ab.plus (mass-value young women's line) — sold through brand-owned e-commerce sites (basso.co.kr, bassohomme.co.kr, abfz.co.kr) and a dealer/franchise network for BASSO homme. Manufacturing is deliberately located outside Korea in lower-cost Southeast Asia, with the New York subsidiary (SG USA Inc., established 2003) serving as the principal sales and R&D interface with US buyers. SG has historically grown through M&A and greenfield expansion (2015 YES VINA acquisition, 2017 Eugene Apparel and H&H Apparel acquisitions, 2017 absorption merger with H&H Apparel) and is pursuing its stated priorities of online expansion and new growth-engine development in the domestic segment.

Name

SG

Legal name

(주)SG세계물산

Website

https://sgsegye.com

Company type

Public

Founded year

1964

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SG World Industries is a Korean apparel manufacturer and fashion retailer that produces OEM/ODM garments through Southeast Asian factories for major US and EU buyers (Gap, Amazon, Target, TJX, etc.) and operates four domestic fashion brands (BASSO, BASSO homme, ab.f.z, ab.plus).

Ownership category

akta.pro rank

Product category

Apparel Manufacturing

NAICS

Clothing and Clothing Accessories Retailers (45811)

SIC

Retail-Apparel & Accessory Stores (5600)

akta.pro primary industry

Apparel Sourcing, Buying Houses & Trading Companies (CRAAAAAN)

akta.pro secondary industry

Cross-Border / Import-Export Cash & Carry (Ethnic & International Trade) (CRAEAEAJ)

Keywords

• Apparel manufacturing
• Fashion brand retail
• OEM ODM export
• Garment production
• Wholesale apparel sourcing

Headquarters

HQ city

Gasandong

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Garment Export Business: Export of men's and women's suits, casual wear, and children's clothing produced in Southeast Asia (Bangladesh, Vietnam, China) to buyers in USA, Europe, and Japan. Transitioning from OEM to ODM model.
2. Domestic Fashion Retail: Four fashion brands (BASSO, BASSO homme, ab.f.z, ab.plus) targeting fashion-conscious consumers in Korea with contemporary, trendy, and stylish casual wear.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

SG세계물산 operates two core business segments: (1) a domestic fashion retail business with four proprietary brands (BASSO, BASSO homme, ab.f.z, ab.plus) selling contemporary menswear and womenswear to Korean consumers via brand websites and dealer networks, and (2) an apparel export business producing men's, women's, and children's garments through manufacturing facilities in Bangladesh, Vietnam, and China for major international buyers such as Gap, Amazon, Target, Banana Republic, Macy's, Abercrombie & Fitch, and TJX under OEM/ODM arrangements.

Product overview

SG세계물산 (SG World Industries) is a fashion company operating two main business segments: domestic fashion brands and global apparel exports. The domestic business comprises four fashion brands — BASSO (Italian-inspired men's total brand), BASSO homme (contemporary edgy casual men's brand), ab.f.z (chic women's casual brand), and ab.plus (ab.f.z's trend-driven 2nd line for younger women) — sold domestically through retail channels. The export division produces men's, women's, and children's apparel through facilities in Bangladesh, Vietnam, and China, supplying major international buyers including Amazon, Target, Gap, Banana Republic, Macy's, Abercrombie, and TJX. The company also developed Eco-Steel asphalt concrete technology using industrial waste slag for infrastructure applications.

Differentiator

Problem solved

Functional benefit

Brands

• BASSO: Italian-inspired men's total brand with energetic and sophisticated urban style. Focuses on comfortable wearability, stylish silhouette, and harmonious design.
• BASSO homme
• ab.f.z
• ab.plus

Products and services

• BASSO Italian-inspired men's total fashion brand offering comfortable, stylish, and sophisticated urban apparel with modern silhouettes and Italian aesthetic sensibility. Sold to Korean male consumers seeking premium everyday wear.
• BASSO homme Contemporary casual menswear brand targeting young, creative consumers with edgy design sensibility combining cool luxury and neo-modern aesthetics. Distributed through brand websites and a franchise/dealer network.
• ab.f.z Chic and modern women's casual fashion brand combining elegant elements with modern sensibility through color and design combinations. Targets fashion-conscious Korean women seeking stylish mix-and-match outfits.
• ab.plus Second line of ab.f.z targeting trend-sensitive young Korean women, offering romantic and classic styles at accessible price points as a mass-value fashion brand.
• Apparel Export Business (OEM/ODM) Contract manufacturing and export of men's, women's, and children's apparel — including woven jackets, pants, suits, casual wear, and children's clothing — produced through facilities in Bangladesh, Vietnam, and China and supplied to international buyers (Gap, Amazon, Target, Banana Republic, Macy's, Abercrombie & Fitch, TJX) across the USA, Europe, and Japan.

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Youngone Corporation: Korean apparel manufacturer and exporter with owned production facilities across Bangladesh, Vietnam, and other low-cost geographies serving global apparel buyers. Directly comparable OEM/ODM model, customer roster overlap, and Southeast Asian manufacturing footprint.
• Sae-A Trading Co., Ltd. Major Korean apparel OEM/ODM manufacturer producing for global buyers including Target and other US retailers, with significant owned manufacturing in Central America and Southeast Asia. Closely mirrors SG's buyer base and geographic model.
• Hansoll Textile: Korean apparel sourcing and manufacturing company supplying global retailers from Vietnam and other Asian production bases. Comparable OEM/ODM business model and customer overlap.
• Eclat Textile Co., Ltd. Taiwanese vertically integrated apparel manufacturer producing for premium athleisure and lifestyle brands globally. Comparable ODM model with owned manufacturing and direct buyer relationships.
• Shenzhou International Group: Chinese apparel OEM producing for Nike, Uniqlo, Adidas and other global brands from large-scale owned facilities. Closely comparable contract manufacturer model and customer roster.
• Pou Chen Corporation: Taiwanese apparel and footwear manufacturer with owned production across Asia supplying Nike, Adidas, and other global brands. Comparable owned-manufacturing scale and Asian production footprint.
• Li & Fung Limited: Global apparel sourcing and trading intermediary connecting Western retailers with Asian manufacturers. Comparable position in the apparel export value chain serving similar Tier-1 buyer customers.

Broad incumbents

• Hanesbrands Inc. Large US-headquartered apparel manufacturer and brand owner with global owned production. Broader scale and brand ownership than SG, but overlapping customer channels and apparel manufacturing expertise.
• G-III Apparel Group: US apparel manufacturer and licensor producing for DKNY, Calvin Klein, Tommy Hilfiger and others, with significant sourcing in Asia. Comparable apparel sourcing and wholesale model serving department stores and mass retailers.
• Ruyi Group / Shandong Ruyi Technology Group: Chinese textile and apparel conglomerate with global manufacturing and brand portfolio (Bally, Gieves & Hawkes, SMCP). Operates in adjacent apparel manufacturing space at larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SG