Coupang and WHP Global Partner for Exclusive Distribution of LOTTO® in South Korea, One of the World’s Largest eCommerce Markets
NEW YORK and SEOUL, South Korea, May 3, 2022 /PRNewswire/ — Coupang and WHP Global (“WHP”) today announced a partnership to bring iconic Italian sportswear brand Lotto ® to one of the largest and fastest growing e-commerce companies in the world. Under the terms of the agreement, Coupang will serve as the exclusive distributor for Lotto in South Korea bringing a curated collection of men’s and women’s lifestyle footwear, apparel and accessories to consumers. WHP Global logo Founded in 1973, Lotto is world-renowned for its innovative performance-driven footwear, apparel and accessories, which feature the signature double diamond logo. Rich with history in tennis and soccer, Lotto has been worn by professional soccer teams A.C. Milan and Juventus F.C., elite soccer players Dino Zoff, Ruud Gullit and Andriy Shevchenko, and top athletes including tennis Grand Slam champions Martina Navratilova, Francesca Schiavone, Marion Bartoli and Boris Becker. Lotto is distributed in over 100 countries and is a major force in both soccer and tennis. The brand is currently worn by more than 40 soccer teams, over 300 professional soccer players and more than 200 professional tennis players around the world.
“Coupang is always looking to provide the best possible shopping experience for our customers, whether it’s by innovating our services or expanding our ever-growing selection of products,” said Coupang. “We are excited to partner with WHP to offer the iconic Lotto brand and other high-quality apparel in Korea, and will continue seeking new opportunities to make Coupang Fashion the premier shopping destination for all our customers’ fashion needs.”
With nearly 18 million active customers, Coupang is South Korea’s largest e-commerce player and one of Asia’s leading e-Commerce companies. South Korea, Coupang’s primary market, is forecasted to become the third largest market for e-Commerce sales in the world, after only the U.S. and China, […]
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