A PYMNTS Company

KFTC petitioned to investigate resale price maintenance for North Face jackets

 |  February 17, 2012

The Seoul YMCA has petitioned the Korean Fair Trade Commission to investigate possible resale price maintenance of North Face products in Seoul. The YMCA surveyed 23 stores and found that each offered North Face items only within a specific price range. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Last week, the YMCA spoke out against foreign brands’ pricing policies in Korea: Korean consumers pay more than a 50 percent markup, and the popularity of North Face jackets has led to violence and social problems.

    Source: Yonhap via Korea Times

     

    Related content: Selective Distribution and Luxury Goods: The Challenge of the Internet? (Denis Waelbroeck, Emily Clark & Mat Hughes, Ashurst)