Loading viewer...
investor_presentation
Format: PDF investor_presentation
Samsonite International SA investor presentation dated June 2024.
North America – Samsonite net sales
Europe – Samsonite net salesAsia – Samsonite net sales
Latin America – Samsonite net salesConsolidated – Samsonite net sales
Growth vs ‘23 2.0% -0.5% 4.6% 20.3%
North America’s business was down slightly to prior year driven mainly by moderating
retail traffic in 1H 2024, and a record high net sales base in 1H 2023 fueled by increased
sales to North American wholesale customers ahead of a robust summer travel season and
strong sales of the Tumi brand driven by elevated demand for its key core collections.Excluding India, where we saw increased
promotional activity by competition,
growth in Asia was 4.8%(1).
Growth vs ‘23 2.0% -0.5% 4.6% 20.3%
North America’s business was down slightly to prior year driven mainly by moderating
retail traffic in 1H 2024, and a record high net sales base in 1H 2023 fueled by increased
sales to North American wholesale customers ahead of a robust summer travel season and
strong sales of the Tumi brand driven by elevated demand for its key core collections.Excluding India, where we saw increased
promotional activity by competition,
growth in Asia was 4.8%(1). China
North America excluding Tumi
Comparison of net sales by channel
US$1,776.2 million1H 2024
Wholesale and Other(2)Retail DTC E -Commerce
DTC total = 37.7% DTC total = 38.1%-Total DTC growth of +4.7%(1)
oDTC E -Commerce growth of +10.0%(1)
oRetail growth of +2.8%(1), driven by 82 net new
stores, offset by comp store growth of -1.4%
reflecting reduced store traffic.
-Wholesale growth of +1.6%(1) compared to a high net
sales base in 1H 2023.
Comparison of travel vs. non -travel net sales
US$1,776.2 million1H 2024
Preview truncated — download the full document for the complete content.
investor_presentation
46 Pages
Klövern AB
investor_presentation
Advent Software