Though the article only briefly touches on it, the Koreans are far from having a stronghold in the industry. With razor thin margins, the vast majority of these businesses are in perpetually precarious situations. Many of these businesses went belly up in the early 2000s as the industry became a race to the bottom. This recent resurgence is the result of some of these family businesses being able to win back some margin via the second generation being able to acclimate themselves into American and overall high fashion society; they're no longer just a commodity businesses but also the trend setters. However, they're far from the only ones doing it. The chinese, in particular, are starting to even outpace the Korean families.