Samsonite sales rise to record levels

Net sales at Samsonite International, the world's largest luggage company, rose 13.2 per cent last year to a record US$1.77 billion as international tourist arrivals grew 4 per cent to more than one billion for the first time.

"The growth of tourism and travel, which underpins our business, has been strong," said chairman Timothy Parker.

"Not only is Asian tourism growing at a fast rate, the increase in the number of routes flown by budget airlines continues to drive demand."

via Business feed http://www.scmp.com/business/companies/article/1195033/samsonite-sales-rise-record-levels