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Samsonite to Review 2024 Financial Results and Consider Shareholder Distribution
SAMSONITE (01910.HK) plans to hold a Board of Directors meeting on March 12 to approve the annual performance.
On February 24, Gelonghui reported that SAMSONITE (01910.HK) announced that the Board of Directors will hold a meeting on March 12, 2025 (Wednesday) to (i) consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, (ii) consider the proposal to distribute cash to Shareholders, and (iii) address other matters.
SAMSONITE: Date of Board Meeting
China Business Federation: In February, the Retail Trade prosperity Index in China is 50.1%, stabilizing within the expansion range running.
In February, the Retail Trade Prosperity Index (CRPI) in China was 50.1%, a decrease of 1.0 percentage points compared to the previous month.
[Brokerage Focus] Jefferies points out that MINISO (09896) and most CSI China Mainland Consumer Index stocks can absorb the 10% tariffs imposed by the US on China.
King Wu Financial News | Credit Suisse's research report evaluates the USA's announcement on February 1st to impose a further 10% tariff on imports from China and to update the company list. The report also reiterates its view that tariffs on commodities from China will impact brands, retailers, and consumers in the short term, but over time, companies should be able to absorb the effects, with some companies performing better. However, at this stage, Credit Suisse emphasizes that it is still uncertain whether this marks the beginning of a trade war or whether an agreement will be reached. The firm believes that based on the demand situation and the gross margin of the companies covered, they should be able to handle the 10% tariff well.
Samsonite International S.A. Announces Change of Corporate Name to Samsonite Group S.A.
Concerns Surrounding Samsonite International's (HKG:1910) Performance
