Samsonite Wants to Spend Up on Handbags

Samsonite International SA, the world's biggest luggage maker, has its eyes on adding a handbag brand and is open to a deal that could rival its $1.8 billion purchase of Tumi, according to Chairman Timothy Charles Parker. Handbags would help Samsonite fill a gap as the company focuses on boosting
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“It's uncertain if the Trustee will take such enforcement action (or be asked by any Noteholders to take such action), in view of Noble's current restructuring proposal,” he said in an written interview. Technically though, the trustee could commence insolvency proceedings in courts in the event of default,
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“We've always had a dream to be listed back in China,” said Robin Li, chief executive officer of Baidu. Yao Jinbo, CEO of Craigslist-style service 58.com, and Wang Xiaochuan, founder of search engine Sogou Inc., were among executives who said they support bringing their listings home.
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One the seven service members killed when a U.S. helicopter crashed in Iraq on Thursday left behind a wife and two daughters. Sept. 11 memorial group Tunnels to Towers has donated $100,000 to pay for Christopher Raguso's mortgage. They're hoping to fundraise the rest. Raguso, 39, was a flight
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The Qatar Stock Exchange on Sunday opened the week weak, losing 45 points to settle a tad above 8,800 levels, mainly dragged by banking and transport equities. Increased selling pressure from non-Qatari individuals and substantially weakened buying from non-Qatari and Gulf funds were
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At the other end of the field, Powell would only have been pleased to see Marc-Antoine Fortune get back among the goals. At 36 years of age, Fortune would certainly have been among those the Blues boss would have been considering resting for a third game in the space of just eight days.
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Korea's household debt has been soaring since 2014 after the government began easing regulations on mortgages, with the Bank of Korea cutting its benchmark rate. Since August 2014, the BoK cut the key rate five times. The results were catastrophic. Housing price growth in Korea has already eased
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LT Group Inc., the holding firm of most businesses of tycoon Lucio Tan, said its income grew 15 percent last year to P10.83 billion, from the previous year's P9.39 billion, on higher contribution of its tobacco and banking units. However, the respective profits of its property development, liquor and brewery
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Since the Fed's last policy meeting in January, economic data have been somewhat mixed, weighing on expectations for GDP growth in the first quarter: The trade deficit continues to widen, retail and auto sales as well as the housing market have been weaker, durable goods orders have undershot
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Fortune Brands Home & Security logo Fred Alger Management Inc. raised its stake in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 24.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned
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Shortly after a $2 billion bank fraud was uncovered last month at India's state-owned Punjab National Bank, a picture emerged of Prime Minister Narendra Modi with the alleged fraudster. The photo showed Modi posing at the World Economic Forum in Davos on Jan. 23 with a large business delegation
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In this March 15, 2018, photo, Mary Ann Siwek sits in her apartment in the East Village neighborhood of Manhattan. Jared Kushner's family real estate company routinely filed false documents with New York City claiming it had no rent-regulated tenants in its buildings, including the one where Siwek
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Safety regulators in the U.S. are investigating air bags in certain Hyundai and Kia vehicles that failed to deploy in frontal collisions linked to four deaths and six injuries. As many as 425,000 automobiles made by the South Korean manufacturers may be affected, according to an investigation report
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Emerging-market investors are bracing for further fallout from allegations Russia was behind a nerve-agent attack in the U.K., overshadowing an election that's expected to extend Vladimir Putin's tenure as the Kremlin's longest-serving leader since Josef Stalin. Elsewhere, traders will be rooting for
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“Bankers continue to fear that postal banks could replace them with a public option – one that is safer, more efficient, more stable, and more trusted than the private financial institutions that have repeatedly triggered panics and bank failures, with more predicted on the horizon,” Brown writes. (Photo: Ron
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[HDB'S REPLY]We refer to the commentary by Mr Ku Swee Yong (Prepare for supply avalanche as ageing HDB flat owners die; March 5) and the letters by Dr Thomas Lee Hock Seng and Mr Teo Kueh Liang (Glut of HDB resale flats may not materialise, and Policy tweaks can prevent supply avalanche;
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This March 15, 2018 photo shows apartment buildings in the Astoria section of Queens, N.Y. The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city, including these, when it, in fact, had many of them.
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As well as promoting and hiring more women into executive roles, Citigroup hopes to achieve the gender equality target by reducing churn among new mothers. In November, it introduced a program in Hong Kong and Singapore for working mothers in the markets division, which offers longer maternity
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More than 70 homes were destroyed as bushfires swept through the seaside town of Tathra in southeastern Australia at the weekend. Soaring temperatures and wind gusts fanned the fires about 500 kilometers (310 miles) south of Sydney, causing the blaze to jump a river and race through the town of
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HANCEVILLE — Saturday's overcast skies made an apt backdrop for Hanceville's first-ever downtown Irish Celebration event, lending a sense of climatic realism to an outdoor community gathering in honor of the Emerald Isle. Jig dancing, gold hunting, food and locally-donated prizes — but no green
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