Best-ever sales: Luggage flying off the shelves as travel and big Indian weddings return with a bang
NEW DELHI: The luggage industry is on a roll thanks to the surge in travel and the return of big fat Indian weddings.
The biggest names of the sector like Samsonite and Safari along with mega retailers like Reliance are reporting anywhere between 50% and 70% growth in sales since the middle of this year over 2019 which was the best year ever for the industry. What's more the growth is being largely driven by Tier II and III cities with aspirational Bharat growing wings to see the world like their residents of metros.
“Branded luggage growth in our stores beats all other categories with over 50% uptick this year. Our middle-lndia customers want us to bring more variety and wider choice in luggage solutions. We are working with the brands, to delight them on this. We are at the start of this big wave for the branded luggage category. I believe backpacks & duffle bags are the unsung heroes in the luggage opportunity. Our stores and digital platforms are betting on them,M Damodar Mall, CEO, Grocery Retail, Reliance Retail, told TOI. Reliance Retail operates over 16,500 own stores and partners with over 20 lakh merchants across segments.