Samsonite

Retailing at $425 (approximately Rs 35,735), the Proxis endured extreme conditions, including temperatures plunging to -85°F. Upon its descent, the suitcase employed a self-deploying parachute system to ensure a controlled landing, as it returned to Earth, landing wheels first.

High growth in luggage segment to continue for next five quarters: Samsonite India CEO

With the pandemic ebbing and the travel sector reviving, demand for luggage has jumped, said Jai Krishnan, CEO of Samsonite.

Here are 5 strategies that will grow your brand, its recall value

The following article is an initiative of Samsonite India and is intended to create awareness among readers.

Bag maker Samsonite's CEO resigns after short-seller report

A research report issued by US-based short-seller Blue Orca a week earlier said Tainwala had falsely claimed on his resume that he earned a doctorate degree in business administration from Union Institute and University in Cincinnati.

Samsonite eyes 25% revenues from online sales in 5 years

"In India, online sales contribution is 8 per cent whereas on a global scale, approximately 9 per cent is the online sales contribution. It is expected to grow to 25 per cent in the next five years with the help of eBags, an e- retail platform specialising in luggage. We intend to launch eBags in India in 2018," Samsonite President, Asia Pacific, Subrata Dutta told PTI.

Week's top quotes: Kejriwal's appraisal; RaGa's interview

We sift through some of the top interviews that were published on Moneycontrol.com through the week and bring you a collection of the best quotes from market-men, business people and policymakers.

Asia to be proportionately a larger part of biz: Samsonite

Global CEO Tim Parker says growth rates in emerging markets will continue to outstrip those in the more mature markets for the foreseeable future. He expects Asia to become proportionately a larger part of Samsonite business.

Samsonite's new product to have cheaper price tag

Samsonite's new brand will start at Rs 2,750. The move is aimed to focus on the lower-end and fight competition from the Rs 8,000-crore unorganised market.

Use economic slowdown to strengthen your company: Samsonite

On the upcoming festive season Ramesh Tainwala, executive director and president- APAC & Middle East, Samsonite Group says that the sales are unlikely to see a boost as sales are more linked to air travel or traveling which is not getting too much affected irrespective of holidays.

Samsonite goes beyond metros with project pappu

That‘s the code name for Ramesh Tainwala's plan to sell Samsonite suitcases to small towns. Along the way, he‘s creating an entirely new business model, thanks to the global partner‘s policy of local autonomy

Samsonite eyes US for mfg to tailor cost, maintain margins

Samsonite's Indian business is carrying a bag of worries weighed down by the double impact of costly imports and falling sales. But the world's largest luggage company refuses to be burdened for long and is taking immediate steps to recharge one of its fastest-growing markets in Asia, reports Farah Bookwala of CNBC-TV18.

Samsonite sales growth in Asia slows

Samsonite said it expected sales in Asia to grow at less than half of last year's pace, as the world's largest luggage maker by revenue reported a 76% drop in net profit - attributed to exceptional costs and items - in its first full-year results since becoming a public company.

'Angry Birds' maker eyes Hong Kong IPO

The company which created "Angry Birds," the world's most popular computer game, is considering a stock market flotation in Hong Kong.

Samsonite Unifies India Ops With Polaris iStore

Polaris iStore has enabled Samsonite to centralise operations, integrate stores

Samsonite eyes Rs 1,500 cr sales by 2013

Premium travel solutions company Samsonite is eyeing sales of Rs 1,500 crore by 2013 and add 25 stores every year mainly in the tier I and II cities, a top company executive today said.

Samsonite prices HK IPO at bottom, raises $1.25 bn: Sources

Samsonite International SA, the world's biggest luggage maker, raised USD 1.25 billion after pricing its Hong Kong initial public offering at the bottom of a revised price range as weak global markets sapped investor demand.

Samsonite sets price range for $1.5 bn HK IPO: Source

Luggage maker Samsonite, backed by private equity firm CVC Capital Partners, moved closer to its USD 1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday as it bet on booming Asian demand for global consumer brands.