Business
CVC Capital Partners of London agrees to pay $1.11 billion for the luggage maker.
July 6, 2007
Samsonite Corp. said it will buy back as much as 59% of its shares for $40 each, or about $480 million, dropping an earlier plan to sell 50% of the company to an investor group and pay shareholders a special dividend.
May 14, 1998
Samsonite Corp., the world’s largest luggage maker, said it will cease manufacturing in the United States for the first time in its 91-year history, citing higher labor costs and an underutilized plant.
Feb. 23, 2001
Travel & Experiences
As a frequent flier, I long ago calculated the amount of time and aggravation I saved by limiting myself to carry-on luggage whenever possible.
Aug. 1, 1993
Archives
Neil Barrett is a veteran of Gucci and Prada, but it was a stint designing Samsonite Travel Wear that gave him the freedom to launch his own line.
Oct. 11, 2000
Venice-based TBWA Chiat/Day, which won a $15-million account from Samsonite in February, launched an ad campaign designed to reposition the Denver-based luggage maker as a provider of global travel solutions, which Samsonite hopes will reverse recent losses.
June 5, 1997
Louis Vuitton did it. So did Prada.
Feb. 25, 2000
Frustrated with cellular phones and laptops that run out of power?
July 11, 1994
American Tourister to Be Bought by Luggage Rival: Hillenbrand Industries Inc. said it agreed to sell the luggage company to privately held Astrum International Corp. of New York--maker of Samsonite luggage--for $70 million.
Aug. 4, 1993
Centuries from now, when anthropologists unearth the remnants of homo 20th Century, the Samsonite attache case--that molded plastic box with ingenious pop-up locks and slick chrome striping--should stand out from most of the fossilized litter.
Jan. 26, 1986