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...
18 May, 2024, 12.36 AM IST
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...
16 Feb, 2024, 11.02 AM IST
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...
17 Aug, 2023, 10.19 PM IST
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...
17 Aug, 2023, 11.27 AM IST
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...
21 Jul, 2020, 05.00 PM IST
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...
01 Jun, 2018, 11.37 PM IST
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 ...
05 Mar, 2016, 01.19 AM IST
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.
03 Sep, 2014, 11.13 AM IST
- Samsonite plans to acquire local brands in India
World's leading luggage maker Samsonite is scouting for acquisition of local brands to strengthen its position in the Indian market.
03 Aug, 2014, 03.20 PM IST
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.
26 Feb, 2014, 08.23 PM IST
Luxury US brand Hartmann to be launched in India by marchHartmann will be launched in India this year with the first store expected to be opened at Mumbai airport in March.
10 Jan, 2014, 04.16 PM IST
- American Tourister eyes Rs 650 crore sales, bets big on non-travel segment
American Tourister, from the Samsonite Group, is looking at sales growth of 60 per cent and the revenue touching around Rs 750 crore this y...
06 May, 2012, 02.09 PM IST
- American Tourister eyes Rs 100 crore from backpacks in 2012
Durable family travel solutions American Tourister is betting big on its non-travel gear segment and plans to double its revenue to Rs 100 ...
08 Apr, 2012, 12.30 PM IST
- Samsonite to invest Rs 150 cr in India this year
Samsonite Corp said it will invest over Rs 150 crore in India primarily on advertising and marketing, besides retail expansion for its 'Sam...
08 May, 2011, 11.23 AM IST
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...
13 May, 2010, 12.24 AM IST
- Samsonite plans $70 mn expansion
Samsonite, one of the leading travel bag maker, is looking at upping its revenues from the international markets with India, China and the ...
28 Sep, 2006, 12.18 AM IST
- Suresh Menon joins VIP Industries
Asia's largest luggage manufacturer, VIP Industries Limited has appointed E P Suresh Menon as its President-International Business and CEO,...
20 Jun, 2006, 01.40 PM IST