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LUGGAGE MARKET INDIA
From tarmac Garba to towel theft: As Indian tourists go viral for all wrong reasons, here are 9 travel rules to avoid becoming the next internet horror storyIndian travelers are facing major criticism for disruptive behaviour abroad, from public dancing to hotel theft and disrespect. This guide ...
India is the future and will be one of the biggest markets for us: Airbnb CEO Brian CheskyAirbnb is significantly expanding its presence in India, driven by a large Gen Z population and the potential of AI. The company aims to be...
'Playing the long game': Airbnb CEO Brian Chesky eyes India as one of firm's biggest global marketsAirbnb is committed to a long-term strategy in India, a rapidly growing market. CEO Brian Chesky highlighted significant investments planne...
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...
Customers unsure about making house help apps a habit even as investors fall for the crazeQuick commerce is transforming domestic help hiring in India. New apps offer on-demand house help, attracting investor attention. These pla...
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...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
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...
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...
Tourism and hospitality ecosystem: Will it get hit harder due to the war’s second-order effect? 20 stocks to keep an eye onThe one thing that impacts the tourism and hospitality sector most is war. The reason is simple: Flights get disrupted, and the urge to tra...
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. ...
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, ...
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...
Samsonite cites discounting by rivals as India sales fallSamsonite attributes its weak performance in Asia to intense competition and discounting by VIP and Safari in India, impacting sales of its...
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...
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...
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 ...
- 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...