Dongdaemun has every fashion item imaginable: fabric, clothes, accessories, and wedding goods. The newest fashion trends, along with the newest fabrics, often make their debut in this market. It is home to the largest clothing suppliers in Korea, while aspiring designers also visit to hone and test their skills. A diversity of affordable clothing attract not just fashion leaders but the average consumer, as well. It has become a place frequented by major Korean and international buyers.
Dongdaemun Market started as a traditional market in 1905 and experienced its first major transformation in the 1970s as it began to develop as a center of the textile industry (both wholesale and retail), further contributing to the Korea's rapid economic growth the time. With the later construction of mega shopping buildings in the area, the market became reborn as the most famous fashion street in Korea.