Do you have a Samsonite suitcase? Are you looking for information on who owns Samsonite? In this article, we’ll discuss the history of Samsonite ownership. You’ll learn about the different companies that have owned Samsonite over the years and what has happened to Samsonite since then.
So, who owns samsonite?
According to the information given, Samsonite was originally part of KKR, but was spun off as part of E-II. E-II then came under the control of American Brands. However, E-II went through bankruptcy and was renamed Astrum International. In 1993, Astrum International purchased American Tourister luggage, which complemented Samsonite. Therefore, it seems that Astrum International currently owns Samsonite.
Let’s dig into it and see what we can uncover.
KEY TAKEAWAY:
- Samsonite is a successful luggage brand because it is known for its innovative products, strong reputation for quality and durability, and ability to reach customers through all channels.
- What sets Samsonite apart from other luggage brands is their long history, commitment to quality, and excellent customer service.
- Samsonite was founded in 1910 and has changed ownership several times over the years, most recently floating shares on the Hong Kong stock exchange in 2011. Blue Orca, which does not hide the identity of its investors, acquired a controlling stake in Samsonite in 2017.
- Samsonite filed for bankruptcy in 2020 due to the negative financial impact of the pandemic, which caused widespread shutdowns and job losses, leading to a decrease in spending on discretionary items like luggage.
- Samsonite International has a bright future ahead, having recently acquired the iconic American brand Tumi. The company’s focus on e-commerce will continue to serve it well in the years to come.
What Brands Does Samsonite Own?
According to the information above, Samsonite owns the following brands: Samsonite, Tumi, American Tourister, Gregory, High Sierra, Kamiliant, ebags, Lipault, and Hartmann.
Are Samsonite And American Tourister The Same Company?
Yes, American Tourister was acquired by Samsonite in 1993, so they are now the same company. Samsonite is present in over 90 countries worldwide.
Is Samsonite Luggage Made In China?
Yes, Samsonite luggage is made in China. The company outsources production to Chinese factories on a regular basis. However, most of its suitcases are actually made in Europe and India.
Is Samsonite Owned By Tumi?
No, Tumi is not owned by Samsonite. Samsonite acquired Tumi in 2016 in order to expand their business into high-end travel accessories. However, Tumi’s sales only make up 45% of Samsonite’s total sales volume.
What Is The Name Of The Largest Samsonite Luggage Store In The World?
The largest Samsonite luggage store in the world is the Samsonite luggage store in New York City.
What Are The Coordinates For Samsonite’S Headquarters?
The coordinates for Samsonite’s headquarters are 39.739167, -104.984722.
What Is The Samsonite Origin Country?
The company Samsonite was founded in the United States in 1910.
ESSENTIALS:
- What Is The Samsonite Backpack Made Of?: The Samsonite backpack is made from high quality materials, water-resistant nylon, recycled fabric, and state of the art technology.
- What Is The Warranty On Samsonite Usa Luggage?: The Samsonite USA luggage warranty is a limited 10 year global warranty. This means that the company will repair or replace any Samsonite product that is defective in materials or workmanship for up to 10 years from the date of purchase.
- Is Samsonite Made In Europe?: Most of Samsonite’s products are now made in Europe, although the company has a long history in Denver, Colorado.
- What Is The English Translation Of The Samsonite Luggage Brand Name?: Samsonite International S.A. is the English translation of the Samsonite luggage brand name.
Final Word
According to the Samsonite website, the company was founded in 1910 in Denver, Colorado. However, the company has changed hands several times over the years.
“””Who currently owns Samsonite? That would be the Hong Kong-based company, Samsonite International S.A. Samsonite International S.A. is a publicly traded company, and its stock is traded on the Hong Kong Stock Exchange.
So, there you have it. The current owner of Samsonite is Samsonite International S.A., a Hong Kong-based company.
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