SBW Inc. to Supply Underwear Items to China's RT-Mart

SEOUL, KOREA- Ssangbangwool Inc. will soon supply its underwear items to RT-Mart, China's largest retail chain.The company said on August 13 that it signed a formal agreement at the Shenyang office of RunTai Group, the Taiwanese company owing the RT-Mart stores, and supply the items first to the store locations in the three northeastern provinces of Liaoning, Jilin, and Heilongjiang.

With the latest contract, the Korean company will deliver its 26 "Try" brand underwear products to 25 RT-Mart stores. RT-Mart has a total of 256 locations across China with more than 11-trillion-won sales revenue.

A Ssangbangwool official said, "We could see the sales channels widely open up with the agreement with RT-Mart, in addition to direct sale outlets, sales agents, and shopping malls." In April last year, the company successfully moved into the Chinese market through establishment of 26 stores owned and operated by itself. It plans to open additional 54 stores by the end of 2014.

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