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Musinsa, Anta Form 60/40 Joint Venture to Enter China

Plans call for an omnichannel launch of Musinsa Standard, Musinsa Store to reach young Chinese shoppers.

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Overview

  • Musinsa and Anta have set up Musinsa China with a 60 percent stake for Musinsa and 40 percent for Anta.
  • The transaction awaits regulatory approval, with closing targeted by the end of September 2025.
  • The joint venture will run online and offline expansion of Musinsa Standard and operate Musinsa Store in the Chinese market.
  • Musinsa plans to use the platform to help promising Korean designer brands enter China.
  • Anta will provide strategic and financial oversight through board representation, aligning with its Single-Focus, Multi-Brand, Globalization strategy.