The private equity firm’s investment in Andar’s parent underscores the growing influence of Korean athleisure and hints at fresh momentum for U.S. retail.

In the opening weeks of the new year, Bain Capital has placed a confident bet on South Korea’s fast‑evolving fashion sector, agreeing to acquire a significant stake in Echo Marketing, the Seoul‑based company behind the activewear brand Andar. The move highlights how global private equity is increasingly drawn to brands that sit at the intersection of performance wear, lifestyle branding, and digitally native retail.
Echo Marketing has built Andar into one of South Korea’s most recognizable activewear labels by focusing on clean design, technical fabrics, and a price point that undercuts many Western competitors. What began as a domestic response to the global athleisure boom has matured into a scalable platform with ambitions well beyond its home market.
For Bain Capital, the investment reflects a broader strategy of targeting consumer brands with strong identity and export potential. While the firm has long been active in retail and apparel, its decision to back a Korean activewear company signals confidence in Asia‑born brands resonating with Western consumers—particularly in the United States, where demand for versatile, wellness‑oriented clothing remains resilient.
Industry analysts note that Andar’s appeal lies in its balance of fashion and function. The brand has cultivated a loyal customer base through e‑commerce, social media storytelling, and an emphasis on everyday performance rather than elite athletics. This positioning aligns closely with shifting consumer preferences in the U.S., where shoppers increasingly seek comfort, durability, and minimalist aesthetics suitable for both workouts and daily life.
Bain’s involvement is expected to accelerate Echo Marketing’s international expansion. While the company has already tested overseas channels, the backing of a global private equity firm brings operational expertise, supply‑chain leverage, and access to international retail networks. For U.S. consumers, that could translate into wider availability of Andar products through online platforms and potential partnerships with established retailers.
The deal also arrives at a moment when the global activewear market is undergoing recalibration. After years of rapid growth, brands are facing higher marketing costs and more discerning customers. Private equity interest suggests a belief that well‑positioned players can still outperform, especially those with strong margins and clear brand narratives.
From a Korean perspective, the transaction reinforces the country’s rising influence in global fashion. Following the international success of K‑beauty and Korean pop culture, apparel brands are increasingly seen as the next export wave. Echo Marketing’s partnership with Bain Capital could become a case study in how local brands leverage global capital to scale without losing their core identity.
For Bain Capital, the Echo Marketing stake is less about a short‑term trend and more about long‑term consumer behavior. Wellness, casualization of dress codes, and digital‑first shopping habits continue to shape retail landscapes. Activewear brands that can adapt quickly and speak authentically to consumers stand to benefit.
As the year unfolds, market watchers will be looking for signs of how Bain and Echo Marketing translate this partnership into tangible growth—particularly in the competitive U.S. market. What is clear already is that the deal marks another step in the globalization of activewear, with South Korean brands moving confidently onto the world stage.




