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PREMIUM LUGGAGE MARKET
'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%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...
- 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, ...
- 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...
- Beating all headwinds with strong brand and delivering growth: 6 stocks with an upside potential of up to 46%A luggage maker, pipe maker and a furniture maker who supply a number of products to different state police. They cater to different needs ...
- 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...
- 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...
- Samsonite says it grew 40 pc in first half of 2023; eyes Rs 3,600 crore sales by DecemberTo capitalise on the growing demand, the company plans to expand its retail presence, increasing the number of AT (American Tourister) stor...
- 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...
- Samsonite buys Tumi Holdings for $1.8 billionSamsonite, the world's biggest luggage maker has agreed to buy luxury bag rival Tumi Holdings for $1.8 billion in a move to access premium ...
- High-end Luggage brand Hartmann enters IndiaHigh-end American luggage brand Hartmann opened its first store in the country in Bangalore on Monday and plans to open five more doors by ...
- Delsey studying prospects of manufacturing base in IndiaDelsey India would launch and control the markets of the Saarc region including Pakistan by end of this fiscal, Verma said.
- 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...
- VIP eyes 30 pc jump in topline growth, to target youth"This year, we are looking at Rs 975 crore revenues," said VIP Industries Chairman Dilip Piramal, adding that the firm is now targeting the...
- Samsonite has grabbed share from us: VIPIn just about six months after taking over as the MD of VIP Industries, Radhika Piramal has already earned respect from rivals.
- Premium luggage brand Witco has over 60% share of Chennai marketWith 9 outlets in Chennai and Bangalore, Witco is a name to reckon with in the southern part of the country.
- 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.
- Samsonite to launch Black Label brand of shoes in IndiaLuggage segment leader Samsonite is planning to introduce its premium category shoes in India under the brand name `Black Label.
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