SCAVI aims for top global position in lingerie production

08:02, 18/02/2017

The largest foreign-invested company in the fashion sector, SCAVI has fought its way onto the list of 500 biggest companies in Vietnam in 2016, announced by Vietnam Report in February 2017.

 
 

 

The largest foreign-invested company in the fashion sector, SCAVI has fought its way onto the list of 500 biggest companies in Vietnam in 2016, announced by Vietnam Report in February 2017.

SCAVI, which has been growing at an average of 25 per cent a year, currently ranks tenth globally in lingerie production outsourcing, in terms of revenue. It targets a growth of 40 per cent a year from now to 2021 and seizing the worldwide leading position.

A member of French group Corèle International, SCAVI was established in 1988 right after the Law on Foreign Investment became effective. SCAVI specialises in luxury intimates, core intimates, including big sizes, underwear, nightwear, home wear, and swimwear. 

The company is in charge of outsourcing the design, technical fitting, materials sourcing, and production organisation to delivery for about 30 international brand customers from Europe, North America, and parts of Asia. 

SCAVI has a service management headquarters in Orleans and an Asian service management headquarter in Ho Chi Minh City, as well as five factories in Dong Nai, Danang, Hue, Lam Dong, and Laos, with a combined workforce of 11,000. It has 28 years of experience in the field and a multinational work force hailing from France, Vietnam, the US, the UK, the Philippines, and more.

From its establishment, the company has been led by Tran Van Phu, chairman-founder-CEO, who had held many key positions at French companies before founding the company. 

SCAVI is among the first companies in Vietnam that was linked to the international supply chain. 60 per cent of its materials come from Vietnam, and it targets to grow this rate to 100 per cent by the end of 2020. 

SCAVI has also been participating in many corporate social responsibility initiatives, including cooperating with local schools to train workers, building a kindergarten for children of employees that uses the Montessori Method, and giving free schooling to children of low-income workers.

(Source:VIR)