– Trenbee, overseas expansion partnership with leading domestic luxury market partners
– Targeting the US, Canada, UAE, Australia, etc.. Full-scale expansion of local luxury goods trading market
– Expected to further expand the global luxury business ecosystem centered on ‘Trenbee.net’
– We will strive to provide the best service that overseas consumers can trust and rely on.
Global luxury platform Trenbe is joining hands with Luxboy (Wiz Company) and Labeluso (Irum Korea), which are considered representative partners in the luxury market, to expand its global business. Trenbe (CEO Park Kyung-hoon) announced on the 21st that with this official agreement as a starting point, it will accelerate its entry into overseas markets, focusing on North America, including the US and Canada, and the Middle East, the United Arab Emirates (UAE), and Australia.
Trenbe began to drive overseas business through its global platform 'Trenbe.net' in December of last year, and as a result, succeeded in exceeding 1 billion won in accumulated overseas transactions in just 3 months after opening. Having confirmed its potential, Trenbe plans to fully explore the global stage starting this year with big leaguers in the luxury goods market, with the goal of expanding its overseas business.
Luxboy and Labeluso, which have collaborated as overseas expansion partners, are well-known as powerhouses in the offline and online luxury goods distribution markets, and have generated a combined transaction volume of over 64 billion won with Trenbe over the past five years.
Wizcompany, which operates Luxboy, is a specialized parallel import company for luxury goods established in 2002. It is a first-generation luxury goods sales company that has achieved 23 consecutive years of profit based on reliable authenticity and reasonable prices with a 0% rate of counterfeiting. Irum Korea, which operates Labeluso, also has a long history dating back to 2008 and leads the luxury goods transaction market worth over 20 billion won every season through direct purchase operations from overseas boutiques.
Trenbe will act as a bridge connecting domestic partners’ inventory with overseas customers through ‘Trenbe.net’. When an order comes in from overseas, the products of affiliated partners are received at the Trenbe logistics center, go through an inspection process, and are then directly delivered to global customers. Joining hands with major partners means that the quantity and type of products to be provided to overseas customers are sufficiently secured, and with this agreement, both Trenbe and its partners are expected to step on the accelerator to expand their global business.
Furthermore, as Trenbe is currently in discussions with several major partners regarding global business expansion, in addition to Luxboy and Labeluso, the business ecosystem of luxury sellers centered around 'Trenbe.net' is expected to expand further in the future.
A Luxboy official said, “As we have worked with Trenbee for a long time, a strong relationship of trust has been formed, and as a result, we have expanded the scope of our partnership to achieve meaningful results together in overseas performance,” and “We have joined hands with Trenbee to expand into markets such as North America.”
A Trenbe official said, “Both Luxboy and Labeluso are the best partners with a variety of product lineups as well as the legitimacy of the luxury market. Through Trenbe.net, we will not only contribute to the growth of our partners, but also strive to provide the best, trustworthy service to overseas consumers.”
Meanwhile, Trenbe surpassed the break-even point (BEP) in March of this year, with operating profit improving sharply from the fourth quarter of 2024, thanks to the expansion of its used business model and its performance in global expansion. Trenbe declared that 2025 will be its first year of profitability, and its goal is to achieve a profit of KRW 2 billion within the year.
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