MPG killer: The one thing sitting on your car that's quietly emptying your tankThat unused roof rack is silently draining your wallet, costing you significant money on fuel. Tests reveal removing factory crossbars can ...
08 May, 2026, 06.10 PM IST
IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
09 Apr, 2026, 09.08 AM IST
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...
09 Apr, 2026, 06.00 AM IST
Premium luggage maker Eume raises Rs 15 crore in funding round led by Ashish KacholiaEume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities...
21 Jun, 2024, 06.00 AM IST
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...
11 Jun, 2024, 12.54 AM IST
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...
06 Jun, 2024, 12.16 AM IST
Lighthouse Funds invests Rs 229 crore in Safari IndustriesMid-market consumer and healthcare-focused fund Lighthouse Funds has invested Rs 229 crore in luggage maker Safari Industries through its r...
04 Mar, 2024, 12.59 PM 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
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
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 ...
09 Aug, 2023, 12.53 PM IST
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...
26 May, 2021, 09.15 AM IST
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%.
26 Nov, 2019, 10.56 AM 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
VIP to invest Rs 80 crore on advertisements and promotions this yearThe luggage-maker has rolled out the television campaign with star cricketer Rohit Sharma for its mass luggage brand Aristocrat and is in t...
25 Apr, 2018, 03.48 PM 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
- VIP Industries to set up manufacturing facility in Bangladesh
Luggage maker VIP Industries said it has incorporated a wholly-owned subsidiary in Bangladesh to set up a luggage manufacturing plant.
02 May, 2012, 10.10 PM IST
- Samsonite expects to double sales in India every two years
The world's leading luggage maker, Samsonite Corp, hopes to double its turnover in India every two years, a top company official said.
22 Aug, 2010, 11.38 AM IST