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HARD LUGGAGE MARKET
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- 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...
- Trying to bring in fresh blood and fresh thinking in VIP, looking at 14% growth, says MDVIP Industries, led by Neetu Kashiramka, focuses on regaining lost market share through product enhancements, e-commerce optimization, and ...
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- India’s luggage industry revenue set to rise 15 per cent: CRISIL ratingsCRISIL Ratings on Wednesday said that India’s luggage industry revenue is set to rise 15% on-year this fiscal — despite a high-base effect ...
- Best Luggage Under 5000While going on vacation Luggage bag is preferred the most. All your clothes, essentials, and footwear can be stored in one place, without c...
- Best luggage under 3000Luggage is preferred while traveling, it can carry all your clothes, essentials, and footwear in one place, without creating any mess. Usin...
- Dilip Piramal on VIP Industries high sales volume & higher EBITDA in Q1“New launches are there all the time and it is a continuous process. We have more than 200 new ranges in a year across the line of our prod...
- We would like to improve on last 5 years’ net profit CAGR of 32%: Dilip Piramal, VIP Industries"In India, revenue break up is 75:25 in favour of soft luggage and for some time this trend will continue."
- 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...
- VIP Industries: Rupee depreciation adds to woesThe company has seen its profits fall more than 50% in last three quarters, which has taken its share price to its yearly low.
- VIP aims at 30% return on capital investment: ChairmanIn a chat with ET Now, Dilip Piramal, Chairman, VIP Industries, shares his views on company's performance.
- Focussing on high-margin soft luggage segment: VIP IndustriesIn an interview with ET Now, Dilip Piramal, Chairman, VIP Industries, talks about the company’s performance and their plans for new lines o...
- Margin in soft luggage business good: VIP IndIn an interview with ET Now, Dilip Piramal, Chairman, VIP Industries Ltd, talks about luggage business. Excerpts:
- We want to add 40-60 stores every year: Dilip Piramal, chairman, VIP IndustriesIn an interview with ET Now, Dilip Piramal, chairman, VIP Industries, talks about their expansion plans as well as the luggage industry.
- 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.
- Horizontal suitcases packing bag, verticals rolling inThe market is witnessing 70% offtake in the soft upright segment of luggage, a marked change from three years back when a majority of the m...
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