Hong Kong-listed Samsonite plans dual listing in hunt for investorsSamsonite joins global names such beauty-shop chain L'Occitane and fashion house Prada in searching for options beyond Hong Kong, where val...
22 Mar, 2024, 08.14 AM IST
Indian market is shining bright on several global CEOs' radarAmerican footwear company Skechers Inc chief financial officer John Vandemore said the total capital expenditure of $300-350 million for th...
22 Aug, 2023, 11.27 PM IST
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...
17 Aug, 2023, 10.19 PM IST
India bags Samsonite's 2nd-largest market tag, overtakes China in last calendar yearTo be sure, Samsonite's China sales stood at $228 million in 2021 compared with India that clocked $140 million. India's revenues stood at ...
19 Jan, 2023, 07.39 AM IST
Business surge in India helping to offset sales shortfall in China, Samsonite International CEOSeveral countries in Asia, except China, are easing their travel restrictions, which is fueling a strong recovery in their markets in the s...
19 Aug, 2022, 05.00 PM 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
Skootcase replaces suitcase as luggage firms use innovation to woo desi travellersLuggage makers are also upping their spend on innovation and coming up with products that are more convenient for travellers, such as a wat...
02 Jul, 2016, 10.49 AM IST
Periwinkle by side, Wacoal eyes foothold in IndiaThe new venture will be named Wacoal India, with Wacoal International Hong Kong holding 51 per cent stake in the company.
26 Apr, 2015, 01.57 PM IST
Samsonite CEO brings Bollywood lessons to the boardroomSamsonite's new global CEO Ramesh Tainwala uses his love of Hindi cinema to gain insights into market trends.
18 Sep, 2014, 09.32 AM IST
- VIP Industries: Rupee depreciation adds to woes
The company has seen its profits fall more than 50% in last three quarters, which has taken its share price to its yearly low.
21 Jun, 2012, 05.11 PM IST
- American Tourister eyes Rs 100 crore from backpacks in 2012
Durable family travel solutions American Tourister is betting big on its non-travel gear segment and plans to double its revenue to Rs 100 ...
08 Apr, 2012, 12.30 PM IST
We’re quite optimistic about India storySamsonite’s President, Asia-Pacific and Middle East, Dr Ramesh Tainwala, who is now shuttling between the continents to develop business in...
13 May, 2010, 12.24 AM IST
- Costlier inputs push up moulded luggage price
Thanks to increasing pressure from input costs in recent months, prices of moulded luggage are on an upward spiral.
02 Jul, 2008, 02.43 AM IST
- Samsonite plans $70 mn expansion
Samsonite, one of the leading travel bag maker, is looking at upping its revenues from the international markets with India, China and the ...
28 Sep, 2006, 12.18 AM IST
- Suresh Menon joins VIP Industries
Asia's largest luggage manufacturer, VIP Industries Limited has appointed E P Suresh Menon as its President-International Business and CEO,...
20 Jun, 2006, 01.40 PM IST
- From schools to offices, backpack cult latches on
It’s a sort of ‘back to the school’ feeling with the comfort and convenience of backpacks relegating the briefcase culture to the backgroun...
03 Jun, 2006, 12.37 AM IST
- FDI worth Rs 580 cr cleared
The commerce and industry minister has cleared 37 FDI proposals worth Rs 580 crore.
04 May, 2002, 04.54 AM IST