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samsonite international sa (1910) Details

Samsonite International S.A. is engaged in the design, manufacture, sourcing, and distribution of travel luggage bags worldwide. It offers luggage, business, computer, outdoor, and casual bags, as well as travel accessories under the Samsonite, American Tourister, High Sierra, and Hartmann brands, as well as other owned and licensed brand names. The company sells its products through various wholesale distribution channels, including department and specialty retail stores, mass merchants, catalog showrooms, and warehouse clubs, as well as through company operated retail stores and e-commerce in Asia, North America, Europe, and Latin America. As of December 31, 2013, its products were sold at approximately 46,000 points of sale. Samsonite International S.A. was founded in 1910 and is headquartered in Luxembourg.

8,085 Employees
Last Reported Date: 04/24/14
Founded in 1910

samsonite international sa (1910) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.9M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: $780.0K
Chief Operating Officer and Executive Directo...
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2013.

samsonite international sa (1910) Key Developments

Samsonite International S.A. Presents at Daiwa Securities Hong Kong China Investment Seminar (Tokyo) 2014, Jun-24-2014

Samsonite International S.A. Presents at Daiwa Securities Hong Kong China Investment Seminar (Tokyo) 2014, Jun-24-2014 . Venue: Daiwa Securities Headquarters, Gran Tokyo North Tower 1-9-1, Marunouchi, Chiyoda-Ku, Tokyo, Japan. Speakers: William Yue, Director ­ Investor Relations.

Samsonite Mulls Acquisitions

Samsonite International S.A. (SEHK:1910) said that it will continue to evaluate further potential acquisition opportunities that offer both a compelling strategic and financial rationale. Samsonite has increased its existing revolving credit Facility from $300 million to $500 million, and extended its term from three years to five years, effective from June 18, 2014. This larger facility gives Samsonite additional financial flexibility and capacity to pursue further acquisition opportunities as and when they become available.

Samsonite International S.A. Announces Re-Designation of Directors

Samsonite International S.A. announced that Keith Hamill (Mr. Hamill) and Bruce Hardy McLain (Mr. McLain) have been re-designated from non-executive directors of the company to independent non-executive directors of the company with effect from June 5, 2014. Mr. Keith Hamill has served as a Non-Executive Director since October 2009. Mr. McLain has served as a Non-Executive Director of the company since May 26, 2011.

 

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