Lock&Lock is a global brand loved by homemakers in over 100 countries worldwide, with more than 90 directly managed stores overseas in addition to its 5 manufacturing plants in China and Vietnam including Korea.
Known for its legendary ¡°Sold Out¡± stories in global places such as US, Europe, and China, Lock&Lock has earned recognition in foreign countries for its product competitiveness even before making a name in Korea. We expand our manufacturing plants overseas and concentrate on local marketing worldwide, targeting wider and bigger markets.
Lock&Lock became a sensation after selling all of the 5,000 product sets at the debut home shopping show in QVC, the largest home shopping TV channel in the US. In other words, being featured on the channel alone is already a major feat.
As a global brand, Lock&Lock was selected as QVC's ¡°Today¡¯s Special Value¡± twice in March 2003 and in January 2004 in addition to its phenomenal sellout of 59 thousand product sets in September 2007 and 125 thousand product sets for TSV channel alone in August 2008.
Moreover, Lock&Lock set a record for having sold 466 product sets per minute at the German QVC channel in March 2004, all products in just 6 broadcasts, and 40 thousand product sets per day in May.
Moreover, the product quality of Lock&Lock has been recognized, having been named ¡°Best of the Best Sellers¡± by the highly influential house ware magazine "Houseware" in 2003 and ranked second among the Top 25 Excellent Items in 2007. Lock&Lock products are also showcased in Harrods Department Store, which caters to the Royal Household.
Meanwhile, Lock&Lock enjoys a good reputation among buyers in the four largest house ware exhibits (Chicago, Frankfurt, China, and Hong Kong); thus securing a global position as one of the most recognized brands.
To achieve its goal of becoming the world¡¯s top company by 2013, Lock&Lock has expanded its businesses directly to emerging markets in Vietnam, Thailand, Indonesia and India where it is currently conducting aggressive marketing.
Since our initial entry in Thailand in 2003, we have recorded am average growth rate of 77.4% and posted USD 4.6 million in sales in 2010. We also established a joint venture company with Srithai Superware, which enjoys up to 80% share in the plastic tableware market in the nation. We shall exert every effort to gain an early competitive edge in newly emerging markets in Vietnam, Malaysia, Philippines, and Indonesia.
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