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SAMSONITE INDIA EXPANSION
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. ...- India's luggage market to touch Rs 267 bn by 2028, branded segment to outperform: Motilal OswalIndia's luggage market is set for big growth. A new report forecasts a 12% annual rise, reaching Rs 267 billion by 2028. Weddings and incre...
- Turnaround slower, but VIP's on recovery path: Chairman Dilip PiramalVIP Industries posted a 10% rise in net sales at Rs 2,215 crore last fiscal. However, net profit plunged to Rs 28 crore in FY24 from Rs 161...
- 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...
- 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...
- Leading consumer goods companies to continue capex, expansion this fiscalMuch of the capex is ear-marked for new factories, expansion of capacities in existing factories or expansion of their business such as ret...
- Travel comeback boosts hotel & luggage segments: 5 stocks with up to 39% upside potentialRising demand, policy support and mega events to support the performance of hotel and luggage stocks.
- Retailers have big plans in store this yearExperts said leasing in 2023 could outpace even the 2019-level when retailers cumulatively took up a record 6.8 million sq ft of new space.
- Travel data shows India's economic recovery is on solid groundWhen combined with anecdotal evidence about the surge in visa applications, hotel booking and flight search data suggest that the official ...
- 10 small cap stocks which caught the fancy of fund managersDespite rich valuations, fund managers have kept buying these shares with the hope that they will outperform in the long run.
- Luxury lingerie brand Wacoal to enter IndiaWacoal will invest Rs 100 million (Rs 10 crore) to enter the Indian innerwear market, which is estimated to be worth Rs 170 billion.
- Periwinkle by side, Wacoal eyes foothold in IndiaThe new venture will be named Wacoal India, with Wacoal International Hong Kong holding 51 per cent stake in the company.
- 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...
- 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...
- Premium luggage brand Witco has over 60% share of Chennai marketWith 9 outlets in Chennai and Bangalore, Witco is a name to reckon with in the southern part of the country.
- 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...
- Consumer durable companies ride on infrastructure boomCountry's infrastructure boom has opened a door of opportunity for consumer durable companies, whose institutional business is zooming annu...
- 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...
- Check out the most expensive malls in the countryDLF Emporio in south Delhi and Phoenix in south of Mumbai are the most expensive malls in the country. Connaught Place beats Nariman PointI...
- 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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