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Samsonite going from strength to strength

Group has confidently set a US$2b turnover target for Asia in the next five years.

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Published Sun, Nov 9, 2014 · 09:50 PM

    THINK luggage, and the Samsonite brand is among the first many would think of. Introduced in 1941, it has been central to the growth and success of the broader group.

    In recent years, however, Samsonite has been on an acquisition spree, acquiring the High Sierra and Hartmann brands in 2012, followed by Lipault, Speck and Gregory in 2014.

    The acquisitions were calculated to expand Samsonite's brand portfolio, which previously comprised Samsonite and American Tourister, which it acquired in 1993.

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