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LUGGAGE INDUSTRY SALE
Kusumgar's Rs 650-crore IPO to open on July 8; entire issue an OFSKusumgar's Rs 650-crore IPO will open for subscription on July 8, with the entire issue structured as an offer for sale. The engineered syn...- Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
- In 1893, an engineer was playing with hooks and clasps and built a sliding fastener: This led to the creation of the zipperThe zipper's path to success was long and winding. Initially patented in 1893, it faced many challenges. Improvements in design and marketi...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 28%There are two ways to deal with the kind of uncertainty the US-Iran war has brought to the stock market. First, you could just sit it out a...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- Costly raw materials weigh heavy on D2C luggage companiesNew-age luggage startups like Mokobara, Nasher Miles, and Uppercase face financial strain as raw material costs surge 35-50% due to the Wes...
- 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, ...
- Indian luggage industry to touch Rs 267 bn by 2028, Says Motilal Oswal ReportThe Indian luggage market is set for significant growth, projected to reach Rs 267 billion by 2028. This expansion is driven by increased t...
- 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...
- 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...
- Nisaba Godrej quits VIP Board over differencesNisaba Godrej resigned as independent director from VIP Industries board due to differences in leadership accountability and succession pla...
- 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...
- 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’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 ...
- 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 ...
- Jhunjhunwala cut stake in this firm in Q4. Results scheduled for todayCovid-hit states such as Karnataka, Maharashtra, Gujarat and NCR are more than 30 per cent of VIP's sales. Besides, raw material cost has r...
- Up 8,000% in 10 years! And Ashish Kacholia has just picked a stake in this stockThe purchase took place as the company lowered its revenue growth guidance to 15-20%.
- 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."
- VIP Industries enters ladies handbag category with CapreseLuggage major VIP Industries forayed into the branded ladies handbag category & said it aims to be a dominant player in the Rs 2K-cr segmen...
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