With the Number of Students Shrinking and Uniform Prices Rising, Hyungji Elite's "Uniform Elimination" Strategy Is a Life-or-Death Struggle.

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Amid a declining school-age population and the government's tightening of price controls, the domestic school uniform industry is accelerating its business diversification. With the government shifting from formal uniforms to casual school and gym uniforms, the industry is realizing that traditional school uniforms alone are insufficient for sustained sales growth. Hyungji Elite, the industry leader, is actively exploring new business areas, inc…