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SAMSONITE CEO
Samsonite makes India its biggest manufacturing base, domestic travel & weddings to fuel demandSamsonite has significantly expanded its Nashik plant, making India its largest manufacturing hub with a capacity of 7 lakh units monthly. ...- 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...
- Top luggage firms see slower growth in Q4Samsonite, Safari, and VIP Industries faced growth declines in India. Samsonite's business fell 10%, Safari's growth slid to 21%, and VIP I...
- Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
- 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...
- India bags Samsonite's 2nd-largest market tag, overtakes China in last calendar yearTo be sure, Samsonite's China sales stood at $228 million in 2021 compared with India that clocked $140 million. India's revenues stood at ...
- Luggage industry registers best-ever sales amid surge in travel, big Indian weddingsThe surge in travel and big-fat Indian weddings have pushed sales of the luggage industry. Big brands like Samsonite and Safari along with ...
- Business surge in India helping to offset sales shortfall in China, Samsonite International CEOSeveral countries in Asia, except China, are easing their travel restrictions, which is fueling a strong recovery in their markets in the s...
- Samsonite may pack up bags at 100 storesLuggage giant Samsonite is closing about a quarter of its India stores or more than 100 outlets as the company is severely stung by the imp...
- WPP's Grey buys Autumn Worldwide to increase digital footprint in IndiaThis acquisition represents another step forward in building our borderless creativity and providing seamless solutions for clients across ...
- Samsonite CEO Ramesh Tainwala quits amid governance concernsThe world's biggest luggage maker said Ramesh Tainwala would leave after an investment firm accused him of falsely claiming to have a docto...
- From Schauna Chauhan to Bibhu Mohapatra, the business class's guide to living out of a suitcaseHere are five high-flyers and their favourite bags that go the extra mile.
- Skootcase replaces suitcase as luggage firms use innovation to woo desi travellersLuggage makers are also upping their spend on innovation and coming up with products that are more convenient for travellers, such as a wat...
- Hartmann opens maiden store in Bengaluru; plans five more by 2015-endAmerican luxury luggage brand chose Bengaluru as its debut city, as modern yet luxurious commercial district is perfect location for this h...
- High-end Luggage brand Hartmann enters IndiaHigh-end American luggage brand Hartmann opened its first store in the country in Bangalore on Monday and plans to open five more doors by ...
- Samsonite CEO brings Bollywood lessons to the boardroomSamsonite's new global CEO Ramesh Tainwala uses his love of Hindi cinema to gain insights into market trends.
- Samsonite to focus on Latin America, says next CEO Ramesh TainwalaThe BITS Pilani post graduate admits that a lot of what he has learnt about consumer behavior comes from Bollywood.
- Samsonite aims Rs 1,000-cr sales in India by 2015Global luggage and travel accessories major Samsonite is aiming a business of Rs 1,000 crore in India by December 2015.
- Costlier inputs push up moulded luggage priceThanks to increasing pressure from input costs in recent months, prices of moulded luggage are on an upward spiral.
- Suresh Menon joins VIP IndustriesAsia's largest luggage manufacturer, VIP Industries Limited has appointed E P Suresh Menon as its President-International Business and CEO,...
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