Samsonite H1 sales rise despite ‘stronger headwinds’, mulls dual listing

Kyle Gendreau, chief executive officer of Samsonite, expressed his satisfaction with the travel bag company’s financial results for the first half of 2024, citing an increased investment in marketing as the driver behind its year-on-year constant currency net sales growth. This came despite “strong headwinds”, challenging macroeconomic conditions in China and a more competitive pricing environment in India, among other factors, the executive noted.