Myungdong is a birthplace of Korean finance where the head offices of Kookmin Bank, Seoul Bank, Korean Foreign Exchange Bank centered on the Bank of Korea are closely knitted to say that people cannot see the Korean economy until they read the flow of money of Myungdong, the center of fashion and finance. Recently, twenty (20) fashion malls including V Exchange, Trend 20, ENVY, Hamburger University, U-2 Zone saying that " We are responsible for all wears from head to toe" gave a new look, attracting customers. This multi shopping malls with various facilities, where many events are held, modernistically restore the pride of high-class tailor and dress shops in Myungdong in 1970s. The shoppers visiting Myungdong amount to about two million peoples a day. Recently, Myungdong was crowded with foreigners where we can easily find information in Japanese and Chinese.