Taking flight: Samsonite sales soar as it embraces sustainable design

Back in May, Samsonite International reported net sales of US$852.1 million for the three months ended March 31, driven by an almost 90 per cent jump in net sales in Asia, and almost 40 per cent in China. In the same period, the luggage maker increased its gross profit margin to 58 per cent, up from 54.7 per cent in the prior corresponding period. Again, this was mainly driven by Asia, the region with the highest gross profit margin. As a result, Samsonite registered an adjusted net income of US

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