Samsonite (SMSEY)

Overall impact
C (53)

Commentary

Samsonite is an average overall performer. With a 'C' rating of 53.1 for overall impact (47th percentile compared to all companies), Samsonite ranks 11th out of 24 industry peers, behind Weyco, Forward Industries, Iconix Brand and 7 others, and ahead of Vera Bradley, Pou Chen, Rocky Brands and 10 others. On top material causes for Samsonite's industry (Apparel & Textiles), Samsonite performs poorly in Quality Lifelong Education (26.2 score) and Reduced Green House Gas Emissions (33.5). Samsonite did not receive an 'A' rating on any cause.
Impact
Cause SMSEY
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Overall impact

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Company
Founded
1910
Employees
12,350
Sector
Consumer Discretionary
Industry
Textiles, Apparel & Luxury Goods
Sub-industry
Footwear
SASB industry
Apparel, Accessories & Footwear
Headquarters
New Jersey, Luxembourg
Share classes
SMSEY
Description
Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established. This is followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.
Material causes
Ethos considers the following causes material for Samsonite, based on its industry sub-industry Footwear. Learn more about material causes in our methodology overview.

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