FOUNDATION B’LAO
Brief Information
Governed by the law No.2008 -776 of August 4th, 2008
Established date
January 7th, 2017
Target
To promote and develop the actions of general interest in favor of education.
Endowment:
In 2019 – 30% of the capital of the Group B'Lao (formerly Corèle International)
It will be, with the disappearance of its founder, the majority shareholder of the Group.
Head Office
1592 Rte du Ruisseau des Forges, 24260 Mauzens-et-Miremont, France.
Board of Directors
14 members – 7 men / 7 women – all of them are key members of the Group B'Lao
Website of Foundation B’Lao: www.foundationblao.org
Established date
August 22nd, 1988
Head office
4 rue Pierre Brossolette, 95270 Asnières-sur-Oise, France
Target
Lingerie-swimwear industry.
Leading in France of the profession.
Growth
40% in 2017 after an annual average of 25% since 1988: taking into account only internal growth. This growth rate keeps on maintaining in the coming years.
Website: www.blaogroup.com
Main subsidiary
SCAVI
Established date
Sep 28th, 1988
1st foreign investor in Vietnan: Direct Foreign Investment License No.1 in 1988 and biggest French company in the country.
Present in the Top 500 Vietnam companies and the leading foreign-invested enterprise in Vietnam in the clothing industry.
World's Top 7 in the industry
Headquarter
Bien Hoa / Ho Chi Minh - Vietnam
Target
Global outsourcing services of lingerie-swimwear in the international market.
Members
Total 15,000.
Management Centers: 3 (1 in France - Orléans, 1 in Bien Hoa / Ho Chi Minh - Vietnam, 1 in Hue - Vietnam)
Industrial Centers: 7 (5 in Vietnam, 1 in Laos, and 1 in France)
Other important subsidiary
CORÈLE V.
Established date
2016
Head office
Ho Chi Minh - Vietnam
Target
Group B'Lao brand's division (3 brands: Corèle: medium-high segment; Marguerite: mass-market segment; Mâlefix: men’s underwear)
Website of Corèle V.: www.corele-v.com
