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SAMSONITE INDIA
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. ...- Samsonite is happy with its roll in IndiaSamsonite, a global luggage leader, faces new digital-first competitors in India. The company prioritizes brand value over deep discounts, ...
- 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...
- 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...
- 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 ...
- 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 South Asia allowed to pay profiteered amount of Rs 21.8 cr in installmentsDelhi High Court's decision came after the travel baggage maker Samsonite requested for easier terms of payment due to difficulties being f...
- 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...
- 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...
- Samsonite buys Tumi Holdings for $1.8 billionSamsonite, the world's biggest luggage maker has agreed to buy luxury bag rival Tumi Holdings for $1.8 billion in a move to access premium ...
- 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 plans to acquire local brands in IndiaWorld's leading luggage maker Samsonite is scouting for acquisition of local brands to strengthen its position in the Indian market.
- 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.
- American Tourister eyes Rs 100 crore from backpacks in 2012Durable family travel solutions American Tourister is betting big on its non-travel gear segment and plans to double its revenue to Rs 100 ...
- Samsonite to invest Rs 150 cr in India this yearSamsonite Corp said it will invest over Rs 150 crore in India primarily on advertising and marketing, besides retail expansion for its 'Sam...
- We’re quite optimistic about India storySamsonite’s President, Asia-Pacific and Middle East, Dr Ramesh Tainwala, who is now shuttling between the continents to develop business in...
- Samsonite looking to make India key sourcing hubGlobal luggage company Samsonite is looking to make India a key sourcing hub as China loses its cost advantage due to the appreciation of i...
- Samsonite to open 50 stores in IndiaTravel solutions firm Samsonite plans to open additional 50 brand stores in India with an investment of $10 million by the year-end, a comp...
- Samsonite plans $70 mn expansionSamsonite, one of the leading travel bag maker, is looking at upping its revenues from the international markets with India, China and the ...
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