Established in 1988 in France, Group Financière B'Lao (formerly Corèle International) has gathered about 20.000 members from many countries such as France, Vietnam, the UK, the United States, China, and Sri Lanka, the Philippines, and Laos. Up to now, the Group has 7 operating sites: 1 in France, 5 in Vietnam, and 1 in Laos. Financière B'Lao aims for a representative position in the lingerie fashion industry.
The Group has been growing at a stable and high rate, for an average of 25% per year for many years. Notably, in 2020, the Group had an outstanding growth of 100% compared to 2019. Financière B'Lao expects this growth rate to continue in the next years with strong financial health and zero debt.
HISTORY & DEVELOPMENT
1988: Establish Group Corèle International (former name of Group Financière B'Lao) in France. At the same time, pioneer to invest in Vietnam with the first FDI license and established Scavi Group in Ho Chi Minh City.
1990: Move Group SCAVI to 735 An Dien, An Phu, HCM City.
1992: Deploy the Corseterie program, approach, and develop the luxury lingerie products.
1993: Establishment of Europe Management Center - SCAVI Europe
1998: Asia Management Center moved to Bien Hoa IZ 2
2002 – 2003: Pioneer to invest in Laos. Establishment of SCAVI Laos in 2003
2004: Establishment of SCAVI Bao Loc
2005: Pioneer to invest in Phu Bai - Hue with the first FDI license - Scavi Hue established in Phu Bai
2008: Management Center in Central Vietnam – SCAVI Hue moved to Phong Dien IZ, Phong Dien Dist, Thua Thien Hue Province
2012: Establishment SCAVI Da Nang
2016: Establishment of Corèle V. and launching of 3 brands: Corèle, Marguerite, MâleFix
2017: Establishment of Foundation B'Lao in France
2020: Establishment of SCAVI Med in Phong Dien, Hue, Vietnam
2021: Establishment of SCAVI Quang Dien (Hue, Vietnam) and SCAVI Quang Tri (Quang Tri, Viet Nam)
Governed by the law n ° 2008-776 of August 4th, 2008
Establishment: January 7, 2017
Target: To promote and develop the actions of general interest in favor of education.
Endowment: With the foreseeable future endowment of 30% of the capital, The Foundation will become, with the disappearance of its Founder, the key shareholder of Group Financière B’Lao (formerly Corèle International).
Chairman of the Board of Directors: Mr. Phu Tran Van, Founder and Chairman of Group Financière B’Lao
Board of Directors: 14 members – 7 men/7 women – all of them are Key Members of the Group
Head Office: Château Forge du Roy, Forge Neuve, 24260 Mauzens-et-Miremont, France
Administrative Office: 2, rue de Micy 45380 La Chapelle Saint Mesmin – France (preferable for postal mails)
GROUP FINANCIÈRE B'LAO (formerly Corèle International)
Establishment: August 22, 1988.
Target: Lingerie – Swimwear – Sportwear – Protective Clothing Industry. Leading position in France in the industry.
Head Office: 4, rue Pierre Brossolette, 95270 Asnières-sur-Oise – France
Administrative Office: 348, rue Marcel Paul 45770 Saran, France (preferable for postal mails)
Growth: annual average growth of 25% since 1988, exceptional growth of 100% in 2020, year of Covid-19.
SCAVI is an industrial subsidiary wholly owned by Group Financière B'Lao. SCAVI gathers a team of 20,000 in the world. SCAVI has the 1st Foreign Direct Investment License - all industries - in Vietnam in 1988.
Target: No. 1 in Global Outsourcing Service of Lingerie – Swimwear – Sportwear – Protective Clothing in the international market.
Head Office: Bien Hoa - Vietnam
Management Centers: 3 (1 in Orléans - France, 1 in Bien Hoa - Vietnam, 1 in Hue - Vietnam)
Industrial Centers: 7 (5 in Vietnam, 1 in Laos, 1 in France)
Members: Total 20,000
Target: Brands division of Group Financière B’Lao (3 brands: Corèle: medium-high segment, Marguerite: Mass-Market segment, Mâlefix: men's underwear).
Head Office: Ho Chi Minh City - Vietnam