Samsonite ex­pects sales growth in H2

China Daily (Canada) - - BUSINESS -

Lug­gage maker Samsonite In­ter­na­tional SA is pre­dict­ing its China sales growth to halve in the sec­ond half of the year, Chief Ex­ec­u­tive Ramesh Tain­wala said onWed­nes­day. China sales are ex­pected to grow 15 to 16 per­cent on a lo­cal cur­rency ba­sis in the pe­riod com­pared with nearly 30 per­cent growth in the first half of the year. “China is an im­por­tant part of our busi­ness but not the only part,” Tain­wala said.

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