Hat Business

History

1959
Started Young An Hat Shop (in Cheonggyecheon 4 ga)
Started with 70 felt hats in the street stall
1960
Moved to a larger shop of Young An Hat(in Jongno 4 ga)
Enlarged a store with 4 units of sewing machines, 1 unit of molding device, 1 clerk and 2 factory workers
1962
Succeeded in developing Panama hat first in Korea
1966
Started the first export (to Japan), shifted to export system in earnest
1969
Registered change of company name into Young An Hat Co
Started the export to U.S.A and achieved export amount of $40,500
1972
Developed and attached its own trademark(Young An)
1980
Relocated and built new HQ of Young An Hat, Mecca of Global hat industry
1984
Establishment of Young An Hat Co., Ltd / Second take-off
1985
Established factory in Costa Rica by extending its business overseas
Started to diversify the production base to stabilize the supply of hats
1986
Started to build the sales network to expand the market
Establishment of sales corporation, A.J.M International L.td in Canada
Operated the factory in U.S.A(Milano Hat)
1987
Stared to operate the factory in Sri Lanka
1988
Stared to operate the factory in Bangladesh
1990
Joint venture business with American sales corporation(Outdoor)
1992
Exceed sales amount of $100,000,000
1993
Took over American sales corporation(Dorfman Pacific) and joint venture business
2001
Selected as world's top goods (by Republic of Korea)
Ranked 1st in market share
2006
Stared to operate the factory in Vietnam
2010
Stared to operate the 2nd factory in Bangladesh
2016
Operated a new factory in Sri Lanka (specialized in manufacturing felt and straw hat)