Searched for
CRISIL REPORT ON LUGGAGE
IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...- Costly raw materials weigh heavy on D2C luggage companiesNew-age luggage startups like Mokobara, Nasher Miles, and Uppercase face financial strain as raw material costs surge 35-50% due to the Wes...
- Level of discounting in India is not sustainable, says Samsonite CEODiscounting levels in India's luggage market are unsustainable, affecting profitability, says Samsonite CEO. Samsonite surpassed VIP Indust...
- Political turmoil in Bangladesh unlikely to impact credit quality of Indian firms: CRISIL RatingsCRISIL Ratings reports that recent political turmoil in Bangladesh is unlikely to impact the credit quality of Indian corporates in the nea...
- Limited Impact of Bangladesh's developments on India's FMCG, footwear & soft luggage sector: CRISILRecent developments in Bangladesh have had a limited impact on India's trade, according to a CRISIL report. Sectors like FMCG, cotton yarn,...
- Lighthouse Funds invests Rs 229 crore in Safari IndustriesMid-market consumer and healthcare-focused fund Lighthouse Funds has invested Rs 229 crore in luggage maker Safari Industries through its r...
- D2C luggage brand Mokobara raises $12 million in funding from Peak XV Partners, existing investorsMokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 m...
- Luggage brands on high-growth path as travel industry boomsIndia's travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are gro...
- Delsey Paris looking to make India its manufacturing hub, says CEO TraxlerA recent Crisil report said India's luggage industry revenue is set to rise 5% on-year this fiscal despite a high-base effect of 40% growth...
- Samsonite says it grew 40 pc in first half of 2023; eyes Rs 3,600 crore sales by DecemberTo capitalise on the growing demand, the company plans to expand its retail presence, increasing the number of AT (American Tourister) stor...
- Luggage industry insulated from slump: Samsonite India headIn the past few years, the luggage industry has grown steadily, led by changing lifestyles, growing middle class and availability of low-co...
Load More
