Rain sets up a clothing brand

The rumors of RAIN and his brokerage firm involved in "accumulation and censure" alleged investment fraud are growing. The "6to5" investor, D Club, sued RAIN in April this year on suspicion of violating specific economic crimes such as aggravating punishment (fraud, embezzlement).

According to the news on July 30th, Beijing time, according to South Korean media reports, rumors that RAIN and his brokerage firm involved in “accumulation and censure” are suspected of investing in fraud are becoming increasingly rampant. Rain's established clothing brand, 6to5, shouted at the beginning of its creation that its annual revenue exceeded 10 billion won, but the apparel brand has been completely removed from the market in the near future four months after its launch. The dismal performance is embarrassing.

6to5 opened a franchise store in more than 10 large department stores in Korea in February 2009. It also signed sales agreements with more than 10 agencies. At the time, 6to5 carried out large-scale publicity campaigns with Rain's reputation, saying that Rain will not only act as a model. The designer will also participate in the design of the clothing in person and said that the clothing brand has also been widely welcomed in China and Japan, and overseas sales are expected to achieve good results.

However, in recent months, 6to5 stores have been withdrawn from South Korea's major department stores due to dismal operations. The overseas sales of the brand have also been exposed. In the past year or so, the actual overseas sales of 6to5 brands have been exceeded. The score is 0.

Earlier this year, "6to5" investor D Club indicted RAIN in April this year for alleged violations of specific economic crimes, such as aggravated punishment (fraud, embezzlement). D clubs claimed that “In 2008, we invested 2 billion won in the establishment of J.tune creative, and suffered losses. At the same time, RAIN exiled 2 billion won in the name of endorsement fees.”

The former staff of J.tune creative also sent an e-mail to the Korean media saying: "RAIN did not participate as a designer. He had almost no design knowledge and he only showed his face occasionally."

A D club representative said with a South Korean media: “J.tune creative has guaranteed to pay '6to5' men's and women's pure cotton trousers sales profits at home and abroad for three years, but so far it has not even received cents.” The club is also considering a civil lawsuit against RAIN claiming billions of won. Now, Zhao Dongyuan, the representative director of J.tune Entertainment, who was a RAIN broker, was forbidden to leave the country and instructed him to not go to the RAIN movie "The Fugitives" overseas shooting site. The parties are concerned about whether they will be held liable.

It is reported that with the delisting of 6to5, its inventory products have been processed at the price of 60%~70% of the original price last month. JTUNE company staff said that delisting does not mean that the 6to5 brand will die. The brand will be upgraded in the future. Listing.

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