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LUGGAGE MARKET TRENDS
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 ...- 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...
- 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...
- 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...
- 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. ...
- 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...
- 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...
- Delsey Paris looking to make India its manufacturing hub, says CEO TraxlerA recent Crisil report said India's luggage industry revenue is set to rise 5% on-year this fiscal despite a high-base effect of 40% growth...
- 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 ...
- 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."
- Investors lap up VIP on rupee surge, earnings growthThe appreciating trend in the rupee against major currencies also augurs well for VIP's luggage segment.
- 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.
- Will Delhi's T3 set off a new trend in the way we travel?Every era has its own baggage. Will Delhi’s T3 set off a new trend in the way we travel - and what we take with us? A journey down memory l...
- 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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