Mumbai: Samsonite SA is planning to launch its newly acquired online luggage portal eBags.com by the end of next year, a top company executive said. More From Livemint »Samsonite is planning to launch the online luggage marketplace in India which will offer Samsonite’s brands including American Tourister and Hartmann by the end of 2018, chief executive officer Ramesh Tainwala said in an interview. “We (Samsonite) give this brand additional leverage, because we are the market leaders in luggage,” Ramesh Tainwala said. VIP Industries is the market leader in the Indian bags and luggage segment followed by Samsonite, according to data from Euromonitor. “India is also set to see 24 million outbound tourists by 2021, thereby presenting favourable prospects for the luggage industry in India in the future.”

Source: Mint June 27, 2017 15:33 UTC