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Created by dipity on May 8, 2009
Last updated: 05/08/09 at 06:11 AM
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Excerpt
...BANGALORE: Global luggage company Samsonite is looking to make India a key sourcing hub as China loses its cost advantage due to the appreciation of its renminbi currency and stricter labour laws. Samsonite, which currently sources one-lakh units of luggage...
Source Info
Economic Times
http://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Durables/Samsonite-looking-to-make-India-key-sourcing-hub/rssarticleshow/3146682.cms
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...the country. We have 180 exclusive retail stores. We would like to take the number up to 250 by the end of 2009, Dutta said. Samsonite started its India operations in 1995 as a 60:40 joint venture with the Tainwala family. Its unit in Nashik, the companys...
Source Info
Calcutta Telegraph
http://www.telegraphindia.com/1080624/jsp/business/story_9455390.jsp
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...intend participating with the retailers, especially the global retailers who are entering the country,” said Dr Tainwala. Samsonite in India would be using its global retailing associates and using their retail space once they make an entry into the Indian...
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2008/03/28/stories/2008032852471100.htm
Excerpt
...While American Tourister is growing at a rate of 75 per cent, Samsonite as a brand is seeing a growth rate of 15-18 per cent. The Rs 650-crore Samsonite India also plans to launch its licensee brands Timberland and Lacoste (accessories) later this year. ...
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2007/08/01/stories/2007080150760500.htm
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...to launch Black Label brand of shoes in India HYDERABAD: Luggage segment leader Samsonite is planning to introduce its premium category shoes in India under the brand name `Black Label. The company is also looking at stepping up its outsourcing partnerships...
Source Info
Economic Times
http://economictimes.indiatimes.com/Samsonite_to_launch_Black_Label_brand_of_shoes_in_India/RssArticleShow/articleshow/1540213.cms
Excerpt
...detailing and finishing in small batches," said Mr Tainwala, who was here in the city in connection with the opening of Samsonite's 168th exclusive store in India. The company plans to open 50 stores in 2007 at an investment of Rs 1 crore per store. These...
Source Info
Hindu Business Line
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http://www.thehindubusinessline.com/2007/02/01/stories/2007020102601000.htm
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Excerpt
...socialite Rosselini to stand for its brand in the future. With a domestic turnover of Rs 350 crore, Samsonite India expects to grow between 35-40 per cent this year. © 2006, The Hindu Business Line. Republication or redissemination of...
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2006/05/23/stories/2006052303711200.htm

