Cheil Industries was the first Korean fashion company to introduce the just-in-time (JIT) system as part of its restructuring efforts, considerably enhancing management efficiency through reduced lead time in the manufacturing process.

It also made moves via consistent brand restructuring initiatives to enter into new business lines that it deems to have high growth potential.

Through these initiatives, Cheil Industries was successful in building a profitable business structure, thereby establishing itself as a fashion company.

In 2013 Cheil Industries sold the fashion business to Samsung Everland in a 1.05 trillion won ($968.6 million) deal.

Samsung SDI bought Cheil Industries for 3.5 trillion won ($3.3 billion) in stock in 2014.