SVI is founded by Scott Fraistat and Denny Garite as a seasonal products company focusing on Halloween and Christmas.
Scott Fraistat moves to Changan, Dongguan in Southern China’s Guangdong province to focus on the start up of the China operation.
SVI launches the OEM business.
SVI adds an additional 8,000 square feet to the China facility, bringing it to a total of 35,000 square feet and reaching 120 employees worldwide.
SVI installs a fully functional internal laboratory to conduct all mechanical and chemical testing.
Changes corporate name to SVI Global Limited to better reflect our different business segments. Builds a 135,000 square feet, 3 building campus in China.
Surpassed 1 billion US dollars in retail sales since the start of the company.
Expands testing facility, adds 3D scanning and printing services, adds cutting machine for packaging sample mock ups.
SVI hit $2 billion in retail sales at the end of the 2017 retail selling season .
Expanded and reconstructed our testing lab to begin the CNAS certification; Added additional testing equipment for the growing electronics categories.
SVI annual retail sales hit 1 billion US dollars, and reaching 200 employees worldwide.
SVI obtained ISO 9001:2015 certification in April. The SVI lab will also be CNAS certified soon in 2019.