Home / Knowledge / News / Fashion / Rustan Group to sell Samsonite travel goods
Rustan Group to sell Samsonite travel goods
Aug '08
Samsonite Group, the worldwide leader in travel bags, luggage and accessories, announces that it has signed an agreement to establish a Joint Venture with Specialty Investments Inc a subsidiary of the Rustan Group.

Rustan Group is a leading wholesaling and retailing conglomerate in the Philippines and is the exclusive franchisee for some of the finest international names in fashion and personal care products.

The agreement reinforces and accelerates Samsonite Group's President and CEO, Marcello Bottoli's vision of turning Samsonite into a global group with a strong market penetration and leadership in all continents. By reinforcing its presence in this territory, Samsonite sets the stage for continued expansion in the region.

The agreement allows the Joint Venture company to distribute and to sell travel goods, and Samsonite Group's President and CEO, Marcello Bottoli, and President Asia, Ramesh Tainwala, will be the directors of the Joint Venture company.

Samsonite Group's President and CEO Marcello Bottoli said, "We are very excited about partnering with the Rustan Group in one of the world's fastest growing markets.

The Joint Venture represents an important milestone in Samsonite's repositioning as an elite lifestyle travel company on a global scale.

At the same time, the cooperation materially benefits all of our brands' future development in the Philippines and its surrounding regions.

We continue to define, develop, clarify and promote all of our brands, thereby strengthening our position in every market segment and building a solid platform for future growth."

Chairman of Specialty Investments Mrs. Zenaida R. Tantoco commented, "We are absolutely delighted to become part of this great company. This is further recognition that we have been able to maintain the highest standards of quality in our home market.

The future of our company is very important to us and we believe that, by becoming a strategic partner of Samsonite, we are rapidly accelerating our own corporate development and reinforcing our domestic market leadership.

Specialty Investments has an outstanding team of retail professionals which, when combined with Samsonite's global expertise, makes an exceptional combination to serve our customers even better."

Samsonite Group

Must ReadView All

Trump signs revised free trade agreement with S Korea

Textiles | On 25th Sep 2018

Trump signs revised free trade agreement with S Korea

President Donald Trump signed a revised free trade agreement with...

L-R: Jonathan Akeroyd, Donatella Versace, John D Idol. Courtesy: Rahi Rezvani

Fashion | On 25th Sep 2018

Michael Kors to acquire Versace; to be renamed Capri

Michael Kors Holdings Limited, a global fashion luxury group, has...

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Interviews View All

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Headhonchos, Indian fashion industry

Indian fashion industry

Organic the first choice of any environment-conscious person

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Varsha Wadhwa, VW

Varsha Wadhwa

Coming from a family that ran a business of jute and linen mills since...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search