Gregory Mountain Products’ parent company, Samsonite International S.A., announced that its shareholders approved changing the company’s name to Samsonite Group S.A. at a general meeting held yesterday, January 23, 2025.
Samsonite’s stock code, 1910, on the Hong Kong Stock Exchange (SEHK) remains unchanged.
“We believe our new name — Samsonite Group — better reflects the company’s portfolio of customer-centric, iconic brands, led by our trio of market-leading core brands Samsonite, the top-ranked global luggage brand trusted around the world and synonymous with luggage, Tumi, a performance luxury brand known for its premium quality, technical innovation and exceptional functionality with significant opportunity to grow sales in underpenetrated markets, especially in Asia and Europe and the youthful and vibrant American Tourister with quality product offerings at accessible price points,” said CEO Kyle Gendreau.
“Along with complementary brands including Gregory, Lipault and Hartmann, all with distinct DNA and serving unique market segments, we are poised to continue meeting the travel and non-travel bag needs of a wide range of customers worldwide.
“We believe the new name communicates a more defined corporate identity that reflects our progress toward becoming the most sustainable lifestyle bag and travel luggage company in the world as we continue to enhance our leadership position in an attractive and growing industry,” continued Gendream.
With a heritage dating back over 110 years, Samsonite Group S.A. is principally engaged in the design, manufacture, sourcing, and distribution of luggage, business and computer bags, outdoor and casual bags and travel accessories worldwide, primarily under the Samsonite, Tumi, American Tourister, Gregory, High Sierra, Kamiliant, Lipault, and Hartmann brand names as well as other owned and licensed brand names.
The company’s ordinary shares are listed on the main board of The Stock Exchange of Hong Kong Limited (SEHK).
Image courtesy Gregory Mountain Products
