Taekwang Group Launches Cosmetics Subsidiary "SIL"... First Brand to Debut in First Half of Year

First Major New Business: K-Beauty
Establishing a Cosmetics Subsidiary Following Aekyung Industrial Acquisition
Accelerating Global B2C Transition and Entering the Premium Market

Taekwang Group has established a new cosmetics subsidiary called "SIL," officially entering the K-beauty business. This marks a shift in Taekwang’s focus from its traditional textile and chemical businesses toward consumer-facing operations.

On January 13, Taekwang Group announced the launch of SIL, a cosmetics subsidiary dedicated to developing its own beauty brands. SIL is a wholly owned subsidiary of Taekwang Industrial. The company has appointed Kim Jinsook, an expert in new business who previously worked at a global consulting group and Samsung Electronics, as its inaugural CEO. Kim, who has a background at Taekwang and is well-acquainted with the group’s internal affairs, is seen as a strategic choice to ensure both organizational stability and rapid business development.

The establishment of this new subsidiary is part of Taekwang Industrial’s 1.5 trillion won investment plan for new businesses. Taekwang Industrial plans to complete its acquisition of Aekyung Industrial next month and, together with SIL, transition its global business structure to focus on K-beauty B2C operations. The company will employ a two-track strategy, leveraging Aekyung Industrial’s manufacturing and distribution infrastructure while using SIL to experiment with new brands and content. This approach aims to secure a stable market entry based on existing business foundations, while the new subsidiary rapidly creates innovative brands and customer experiences.

SIL plans to launch a premium skincare brand in the first half of this year. The brand’s core feature will be a patented ingredient designed to balance skin response mechanisms and help the skin recover on its own. In the early stages, the brand will adopt a digital-first strategy, building awareness online and through content, and will gradually expand its offline distribution channels. The company will also coordinate with Taekwang’s affiliated distribution and media infrastructure subsidiaries.

The overseas market is also a key consideration from the outset. SIL plans to enter major K-beauty markets such as Japan, the United States, and China in phases. All products will be developed from the initial stages with eco-friendly packaging, ethical manufacturing, and environmental, social, and governance (ESG) standards in mind, establishing a sustainable beauty model.

CEO Kim Jinsook stated, "We plan to approach the evolving K-beauty market by identifying customer needs through content and data, and quickly reflecting them in our products and marketing."

The name "SIL" carries two meanings. It signifies a platform-based organization that aims to foster individual brand identities while maintaining organic connections, much like threads are woven together. At the same time, SIL represents a space where research and creativity are combined. This reflects its dual role as a research organization focused on technology and ingredients, and as a creative organization developing brand concepts and content.