Kamiliant Archives - Inside Retail Asia
Net Samsonite sales were up 8.4 per cent on a constant-currency basis to US$3.797 billion in the year to December 31.
Rapid Tumi expansion is powering solid sales growth for Hong Kong-listed luggage specialist Samsonite International.
Samsonite Asia sales across the group’s entire brand portfolio grew 14.4 per cent year on year.
Samsonite International had record half-year net sales of US$1.5 billion, an increase of 31.8 per cent.
Continuing softness in Hong Kong, Macau and Korea sedated Samsonite Asia’s first quarter sales.
Samsonite sales soared in the last quarter in every market, even in its weakest link, Asia.
Luggage brand Samsonite Asia has overcome “sluggish markets” around the region to record modest sales growth in the first half year.
Samsonite Asia sales increased by 12.8 per cent on a constant currency basis to US$947.6 million in the year to December 31.
Hong Kong listed travel luggage retailer Samsonite sales soar in first half.