Samsonite: Look Beyond Flagship Brand And Travel Market
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Samsonite International is expected to see revenue and margin growth due to Tumi's premium positioning and geographical expansion, as well as the profitability of its non-travel segment.
January 09, 2025 | 3:45 pm
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Samsonite International's growth is driven by Tumi's premium positioning and geographical expansion, as well as the profitability of its non-travel segment.
The article highlights the positive outlook for Samsonite International due to Tumi's premium positioning and expansion in Europe and Asia, which are expected to boost revenue and margins. Additionally, the non-travel segment's higher profitability compared to the core travel business supports a bullish view.
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