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 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
Paris, FR
390 Rue Saint Honoré
Halifax, CA
Purdy's Wharf Tower 1 1959 Upper Water St

Tumi Data and Metrics

Tumi Summary

Founding Date

1975
Tumi is a subsidiary of Samsonite

Tumi Financial Metrics

Tumi's revenue was reported to be $547.7 m in FY, 2015 which is a 4% increase from the previous period.
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

Gross profit Margin, %

58%58%60%

EBIT

86.2 m93.2 m96.5 m

EBIT margin, %

18%18%18%

Pre tax profit

86.1 m93.8 m97.5 m

Net Income

54.6 m58 m63 m
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

PP&E

60.9 m79.1 m83.5 m

Goodwill

142.8 m142.8 m142.8 m

Total Assets

506.5 m562.8 m611.9 m

Accounts Payable

33.9 m33.9 m35.8 m

Current Liabilities

70.7 m71 m75.6 m

Additional Paid-in Capital

310.6 m314.2 m317.1 m

Retained Earnings

61.7 m119.7 m182.7 m

Total Equity

480.8 m

Financial Leverage

1.3 x
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)

Accounts Payable

5.9 m91 k2 m

Cash From Operating Activities

62.6 m60.5 m81.4 m

Capital Expenditures

(24.8 m)(36.6 m)(30.8 m)

Cash From Investing Activities

(24.8 m)(36.6 m)(30.8 m)

Cash From Financing Activities

(37 m)(8 m)(8.5 m)

Interest Paid

320 k117 k105 k

Income Taxes Paid

26.4 m38 m34.6 m

Free Cash Flow

87.4 m97.1 m112.2 m

Traffic Overview of Tumi

Tumi Online and Social Media Presence

Tumi News and Updates

Tumi shareholders back Samsonite acquisition plan

HONG KONG (Reuters) - Luggage maker Tumi Holdings Inc's said its shareholders have backed Samsonite International S.A.'s planned acquisition of the company and that it expects the deal to be completed in the second half of the year.

Tumi Company Life and Culture

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