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
Report incorrect company information

Key People/Management at Tumi

Jerome Griffith

Jerome Griffith

CEO, President and Director
Peter Gray

Peter Gray

EVP & General Counsel
Show more

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
Show all (5)
Report incorrect company information

Tumi Financials and Metrics

Summary Metrics

Founding Date

1975
Tumi is a subsidiary of Samsonite

Tumi Revenue

Tumi's revenue was reported to be $547.66 m in FY, 2015 which is a 3.9% increase from the previous period.
Annual
usdFY, 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
Quarterly
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%
Annual
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
Quarterly
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
Annual
usdFY, 2013FY, 2014FY, 2015

Net Income

54.6 m58 m63 m

Depreciation and Amortization

14.2 m18.2 m21.5 m

Inventories

(8.8 m)(11 m)(12 m)

Accounts Payable

5.9 m91 k2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

12.1 m8.2 m12.2 m13.9 m6.4 m
Show all financial metrics
Report incorrect company information

Tumi Online and Social Media Presence

Embed Graph
Report incorrect company information

Tumi News and Updates

Suitcase startup Away just landed $50M to fuel its explosive growth

The new cash will allow the brand to open six new stores by the end of the year. In just two and a half years, Away, the luggage brand founded by Steph Korey and Jen Rubio, has sold more than half a million suitcases. It’s already profitable, and today, the brand announces that it has landed another…

Here’s more proof that we’re living in the golden age of suitcases

Today, a new brand called Roam joins the ranks of high-quality, direct-to-consumer luggage brands like Away and Raden. A few years ago, if you wanted a well-made suitcase that could survive years of travel, you would have to drop upwards of $600 on luxury brands like RIMOWA or Tumi. But now, direct-…

Luxury Luggage 2018 Global Market Key Players - Samsonite International S.A., Tumi Holdings, VIP Industries, VF Corporation, Briggs & Riley Travelware -Analysis And Forecast To 2025

Wiseguyreports.Com Adds “Luxury Luggage – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

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…
Report incorrect company information

Tumi Company Life and Culture

Report incorrect company information