Since 1975, TUMI has been creating world-class business and travel essentials, designed to upgrade, uncomplicate, and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. Designed in America, for Global Citizens everywhere. The brand is sold in over 260 stores from New York to Paris to London and Tokyo, as well as the world’s top department and specialty stores and travel retail in more than 75 countries.
Type
Subsidiary
Parent Company
Samsonite
HQ
South Plainfield, US
Founded
1975
Website
tumi.com
Tumi was founded in 1975 and is headquartered in South Plainfield, US

Key People/Management at Tumi

Jerome Griffith

Jerome Griffith

CEO, President and Director
Peter Gray

Peter Gray

EVP & General Counsel

Tumi Office Locations

Tumi has offices in South Plainfield, Halifax, Unna, Paris and in 1 other location
South Plainfield, US (HQ)
1001 Durham Ave
Halifax, CA
Purdy's Wharf Tower 1 1959 Upper Water St
Paris, FR
390 Rue Saint Honoré

Tumi Financials and Metrics

Summary Metrics

Founding Date

1975
Tumi is a subsidiary of Samsonite

Tumi Financials

Tumi's revenue was reported to be $547.7 m in FY, 2015
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

467.4 m527.2 m547.7 m

Revenue growth, %

13%4%

Cost of goods sold

198.6 m221.2 m220.8 m

Gross profit

268.8 m306 m326.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Revenue

108.9 m108.6 m124.6 m130.2 m110.5 m138.5 m131 m118.3 m147.5 m

Cost of goods sold

44.9 m45.5 m52.5 m53.9 m45.2 m56.9 m51.7 m49 m61.3 m

Gross profit

64 m63.1 m72.1 m76.3 m65.3 m81.6 m79.3 m69.4 m86.2 m

Gross profit Margin, %

59%58%58%59%59%59%61%59%58%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Cash

27.3 m32.7 m32.7 m36.7 m37.6 m52.8 m94.6 m

Accounts Receivable

2.9 m3 m3.5 m

Inventories

6.9 m8.3 m12.1 m

Current Assets

161.7 m192.5 m243.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Cash

20.5 m17.8 m24.2 m25 m56.4 m72.7 m76.2 m102 m113.1 m

Accounts Receivable

1.9 m3.9 m4.3 m5.1 m2.6 m2.7 m3.6 m4.2 m1.9 m

Inventories

98.1 m83.8 m91.9 m105.7 m90.4 m95.9 m111.1 m113.6 m113.9 m

Current Assets

155.8 m148.2 m167.3 m180.2 m186.6 m217.7 m236.9 m254.2 m277.8 m
USDFY, 2013FY, 2014FY, 2015

Net Income

54.6 m58 m63 m

Depreciation and Amortization

14.2 m18.2 m21.5 m

Accounts Receivable

(7.9 m)(5.3 m)(751 k)

Inventories

(8.8 m)(11 m)(12 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

12.1 m8.2 m12.2 m13.9 m6.4 m
Show all financial metrics

Tumi's Web-traffic and Trends

Tumi Online and Social Media Presence

Tumi News and Updates

Luggage Global Market 2017: Key Players – Samsonite International S.A., Tumi Holdings, VIP Industries, VF Corporation, Briggs & Riley Travelware

Luggage -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022 Posted via Industry Today. Follow us on Twitter @IndustryToday

Tumi CDO: Buy AI that beats humans

When evaluating how AI can help a business, execs should figure out when computers can beat humans, according to Charlie Cole, the chief digital officer at Tumi. “If you think about the nexus of how you can pragmatically use artificial intelligence in a practical way, you have to ask yourself the qu…

Tumi Company Life and Culture

You may also be interested in