daekwang textile

What daekwang textile does

Daekwang Textile (대광직물) is a South Korean woolen spinning and textile manufacturer founded in 1958, operating as Daekwang Textile Corporation and headquartered in Gangnam, Seoul. The company produces woolen fabrics (hairy, double-faced, fancy, and tweed), jersey fabrics, knitting yarn, and air textured yarn, plus finished apparel distributed internationally. It runs two manufacturing facilities in Yangsan, Gyeongsangnam-do — Factory 1 housing spinning operations (since 2002) and Factory 2 covering extended fabric finishing processing (expanded in 2023) — supported by a wholly-owned Shanghai sales office (established 2016). Its technology stack centers on integrated vertical production from raw material processing through dyeing, spinning, weaving, and fabric finishing, with proprietary capabilities including Asia's first low-temperature wool dyeing method, superfine fiber production down to 40 count, special-fiber processing for alpaca, llama, cashmere, angora, mohair and silk, and a patented water-repellent yarn manufacturing method (Registration No. 1015033670000, granted 2015). Certifications include Woolmark Company membership (2020), RWS for knit yarn (2021), and GRS/RWS fabric certifications in progress (2024), alongside a 2007 INNO-BIZ innovation certification.

The company operates a B2B textile supply model, selling directly to Korean women's, men's, and student-apparel manufacturers, with named enterprise customers spanning major Korean fashion groups (e.g., Kolon Fashion, Hyundai Fashion, LF, Shinsegae International, Samsung Saman, Parkland) and international brands operating in Korea (Beaucler, Benetton). Revenue is generated through one-time product sales of textiles, jerseys, knitting yarns, and finished apparel under named sub-brand series (FAMOUS, PRECIOUS, LIGHT & SOFT, HAIRY, FANCY). Pricing is quote-based and not publicly disclosed. Geographic reach expanded in 2022 to the U.S., Europe, and Japan, while a Shanghai-based Chinese legal entity manages domestic-brand partnerships and participation in the China International Trade Fair for Apparel Fabrics and Accessories. Finished apparel is assembled via overseas FACIT sewing in China, Vietnam, and Bangladesh for men's wear, women's wear, and TV shopping customers globally.

The company is privately held with no disclosed institutional investors or funding rounds; ownership appears management-controlled under CEO Lee Jung-Soo (이정수), who has led the company since 2016. There is no disclosed parent company, no disclosed revenue, and no disclosed headcount. Strategic cadence has been steady and capacity-led: Factory 1 spinning expansion (2018), Shanghai office (2016), Woolmark membership (2020), RWS knit-yarn certification (2021), international sales expansion (2022), Factory 2 fabric-finishing extension (2023), and GRS/RWS fabric certification pursuit (2024).

Name

daekwang textile

Legal name

Daekwang Textile Corporation (대광직물주식회사)

Website

https://daekwangtex.com

Company type

Private

Founded year

1958

Operating status

Operating

Short description

Daekwang Textile (대광직물) is a South Korean woolen spinning and textile manufacturer founded in 1958, producing wool fabrics, jersey textiles, and specialty-fiber yarns for fashion brands. Operating Korea's largest woolen spinning facilities, it supplies Korean apparel manufacturers with growing international reach into the U.S., Europe, and Japan.

Ownership category

akta.pro rank

Product category

Woolen Textile Manufacturing

NAICS

Textile Mills (313), Apparel Knitting Mills (3151), Broadwoven Fabric Mills (313210)

SIC

Textile Mill Products (2200), Knitting Mills (2250)

akta.pro primary industry

Textured & Specialty Yarn Manufacturing (Textured/Chenille/Bouclé) (IMAOAAAF)

akta.pro secondary industries

Fancy/Novelty Yarn Manufacturing (Melange/Slub/Multicolor) (IMAOAAAI), Knitted Fabric Mills (IMAOABAB)

Keywords

• Woolen textile manufacturing
• Knitting yarn production
• Fabric dyeing services
• Specialty fiber textiles
• Woolen spinning operations

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Textile/Fabric Sales: Production and sale of various textile fabrics including hairy, double-faced, fancy, and tweed fabrics using high-quality wool and specialty fibers (alpaca, llama, cashmere). Products are sold to domestic women's, men's, and student apparel markets.
2. Jersey/Knitted Fabric Sales: Manufacturing and distribution of jersey hairy and jersey double-faced fabrics that provide unique lightness and comfort, suitable for jackets to coats
3. Knitting Yarn Sales: Sale of luxury knitting yarn including wool (Geelong lamb, Tasmania), cashmere, and specialty fibers (angora, mohair, alpaca, silk). The company operates batch production systems covering dyeing to spinning, enabling stable quality supply to domestic and overseas markets.
4. Apparel/Finished Products: Vertical production line combining domestically produced raw materials with overseas FACIT sewing, producing high-quality finished apparel at competitive prices. Products are distributed in China, Vietnam, Bangladesh and other countries to men's wear, women's wear, and TV shopping customers.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Daekwang Textile manufactures woolen textile fabrics (including hairy, double-faced, fancy, and tweed varieties), jersey fabrics, and premium knitting yarns using high-quality wool and specialty fibers such as alpaca, llama, and cashmere. The company operates an integrated vertical production system covering raw material processing, dyeing, spinning, weaving, and fabric finishing, with Korea's largest woolen spinning production capacity. Products are sold primarily to domestic and international fashion brands and apparel manufacturers for women's, men's, and student apparel markets.

Product overview

Daekwang Textile is a fashion expert company offering two main product lines: Textile/Jersey products and Knitting Yarn products. The Textile line includes HAIRY, DOUBLE-FACED, TWEED, FANCY, and JERSEY sub-categories with 22+ products like EDWARD RVS (100% Cashmere), MONACO RVS, and ALPACA FANCY JERSEY. The Knitting Yarn line includes FAMOUS, PRECIOUS, LIGHT & SOFT, HAIRY, and FANCY series with 16+ products including luxury cashmere blends and specialty fiber yarns. The company provides integrated manufacturing services covering dyeing, spinning, weaving, and processing. Established in 1958, Daekwang is Korea's leading woolen spinning company with batch production facilities from raw material dyeing to fabric finishing.

Differentiator

Problem solved

Functional benefit

Brands

• FAMOUS Series: Knitting yarn series featuring Super Lamb, S-GEELONG, TASMANIA, ZOOM, Super Fine Merino Wool 100%
• PRECIOUS Series
• LIGHT & SOFT Series
• HAIRY Series
• FANCY Series

Quantifiable outcome

• Korea's largest woolen spinning facilities with biggest production capacity
• +5 more outcomes

Named customers19 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• The Woolmark CompanycoreStrategic or Co-development Partner · 1 January 2020Daekwang became a member of The Woolmark Company, the international wool industry organization. This partnership provides access to wool industry resources, quality certifications, and international wool market intelligence, supporting Daekwang's position as a leading wool textile manufacturer.
• China International Trade Fair for Apparel Fabrics and Accessories (上海中國國際紡織面料及輔料博覽會)coreGTM or Marketing Partner · 1 January 2016Daekwang participates in this major international textile trade show as part of their overseas market entry strategy. Participation has been ongoing for several years, providing exposure to international buyers and establishing business connections in the Chinese market.

Scale indicators6 records

Recent moves13 records

Expansion highlights5 records

Regional players

• Youngone Corporation: Korean textile and apparel manufacturer with global production footprint spanning Korea, Vietnam, Bangladesh and other countries. Comparable as a Korean-rooted textile manufacturer serving global apparel brands, though more apparel-finished and lower-cost oriented.

Broad incumbents

• Kolon Industries: Korean textile conglomerate (Kolon Group) with broad industrial and apparel textile operations. Comparable as a Korean textile major and existing Daekwang customer (Kolon Fashion), though much larger and more diversified.
• Marzotto: Italian textile conglomerate with broad woolen, worsted, and finished apparel operations. Comparable as a large-scale woolen textile producer but operates across a wider portfolio than Daekwang's specialty focus.
• Toray Industries: Japanese global textile and materials conglomerate producing synthetic and blended fabrics for apparel and industrial use. Comparable as an Asian textile incumbent serving fashion brands, though far larger and focused on synthetic rather than natural specialty fibers.

Direct peers

• Reda: Italian woolen mill producing superfine wool fabrics for luxury menswear and womenswear, with proprietary wool sourcing and processing. Comparable to Daekwang in superfine fiber production (40 count) and woolen mill heritage.
• Holland & Sherry: British heritage woolen fabric mill supplying worsted and woolen fabrics to luxury tailors and fashion houses globally. Comparable to Daekwang's woolen fabric production and premium fashion brand customer base.
• Loro Piana: Italian luxury textile house (LVMH-owned) specializing in cashmere, vicuña, and fine wool fabrics and yarns. Closely comparable to Daekwang's specialty fiber positioning (cashmere, alpaca, llama) and premium woolen fabric portfolio.
• Vitale Barberis Canonico: Italian woolen mill producing premium suiting and jacketing fabrics from wool and specialty fibers for global fashion brands. Directly comparable to Daekwang as a woolen fabric mill serving premium menswear and womenswear with similar fiber specialization.
• Dormeuil: French-founded woolen mill with strong Asian market presence, producing premium wool and specialty fiber fabrics. Comparable to Daekwang in targeting premium Asian fashion markets with woolen and specialty fiber fabrics.
• Huddersfield Fine Worsteds: UK-based woolen fabric mill producing luxury woolen and worsted fabrics for tailoring and premium fashion. Comparable as a woolen mill with deep heritage serving premium fashion brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/daekwang-textile

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 daekwang textile