Luggage and travel accessories maker Samsonite plans to open around 50 stores ‘House of Samsonite’ throughout the country by December 2016. House of Samsonite is a first-of-its-kind retail concept which will offer the company’s various brands high quality luggage, daily business case, backpacks and other travel accessories. Currently, Samsonite has around 40 percent market share in Rs 3,500 crore worth organised luggage market in India. In terms of premium luggage and travel accessories segment its holds more than 70 percent market share in India. Such expansion plan of the company will be an added business opportunity for the signage companies whose activities revolve in in-shop displays, designs and related tasks.
Samsonite to open 50 stores by 2016 end
- Post author:SignNews
- Post published:March 12, 2016
- Post category:New Business Opportunity
- Post comments:0 Comments
