Sean, annual revenue of 20 billion won business 'a hit' "40 stores... KOSDAQ listing plan also" [Lee Sung-mi's Not Going]

*This content was translated by AI.View Original

Singer Sean, from the group G-Dragon and T.O.P's former group (Note: Source says "Group Jinusean"), recalled his past boasting an annual revenue of 20 billion won through his clothing business.

Sean appeared as a guest on the YouTube channel 'Lee Sung-mi's Not Going,' released on the 26th.

Sean revealed his era of success in past businesses, sparking surprise. He said, "Hip-hop was my entire life for 24 hours a day. As a result, I was also interested in fashion, so I started one brand. And it blew up."

Sean stated, "At the peak in late 1998, we had more than 40 stores nationwide. And after three years, in 2001, revenue rose to 20 billion won."

He continued, "Many people think, 'So Sean must be rich,' but I didn't make much money from it. We shared profits with the stores, and if you do business, you have to reinvest." He added, "The amount I actually took out of that brand was not large. I did receive a little when we later wound down the brand."

He also revealed, "The CEO who ran the entire business with me had ambitions, so we prepared for KOSDAQ. But I was somewhat opposed. It would be nice to make a lot of money, but I thought that if it becomes just about making money, the clothes won't be good. If we had listed on KOSDAQ at that time, and if I had cashed out my stake, it would have been an amount of several billion won at that time."

Sean explained, "I started a second brand, but I fell hard there. As a result, that brand shrank significantly. Hip-hop in fashion changed drastically, shifting to baggy pants, and we failed to survive amid the confusion."

He said, "If we had listed on KOSDAQ and continued to do well, I would have handled large sums of money at a young age before marriage, bought nice cars, and done other things. But since that didn't happen, I think I was always able to maintain [my lifestyle]. I am truly grateful for that."

Meanwhile, Sean married actress Jung Hye-young in 2004 and has three children.

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*This content was translated by AI.View Original