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Stock impact report

Samsonite: Is This Stock as Secure as its Suitcases? [The Motley Fool]

SAMSONITE INTL UNSP/ADR (SMSEY) 
NASDAQ:AMEX Investor Relations: samsonite.com/investors/home.do
Company Research Source: The Motley Fool
Samsonite: Is This Stock as Secure as its Suitcases? Motley Fool Staff ( the_motley_fool May , 09 at :0PM Many investors might be unaware that shares of the world's largest travel luggage maker are actually traded on the Hong Kong Stock Exchange. That's where we find Samsonite International S.A. SEHK:90 That's fitting for a company that makes its money by selling the top brands of luggage we regularly see riding on airport conveyor belts every time we travel. The products are well known but the company isn't necessarily familiar to investors. Let's take a closer look at it. A well-traveled business Samsonite is an old company. Founded in the US in 90, it assumed the Samsonite name in 9. Over the subsequent decades it acquired and divested numerous assets, and went through several rounds of ownership changes to evolve into the publicly traded entity it is now. Today, Samsonite is comprised of a sizable collection of brands, some more familiar than others. The top three of these are the Show less Read more
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