TUMI

South Plainfield, United States Founded: 1975 • Age: 51 yrs Acquired By Samsonite
High-end travel goods are designed and manufactured by Tumi.
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About TUMI

TUMI is a company based in South Plainfield (United States) founded in 1975 by Charlie Clifford was acquired by Samsonite in March 2016. It operates as a Direct-to-Consumer (D2C). The company has 252 employees as of April 04, 2024. TUMI offers products and services including Luggage, Backpacks, Bags, and Accessories.

  • Headquarter South Plainfield, United States
  • Employees 252 as on 04 Apr, 2024
  • Founders Charlie Clifford
  • Stage Public
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tumi, Inc.
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → Consumer & Fashion Retail
Key Metrics
  • Annual Revenue
    $37.87 M (USD)
    -10.28
    as on Mar 31, 2018
  • Net Profit
    $-574.91 K (USD)
    -208.27
    as on Mar 31, 2018
  • EBITDA
    $1.66 M (USD)
    -2.69
    as on Mar 31, 2018
  • Latest Funding Round
  • Investors
  • Employee Count
    252

    as on Apr 04, 2024

  • Acquired by
    Samsonite

    (Mar 03, 2016)

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Products & Services of TUMI

TUMI offers a comprehensive portfolio of products and services, including Luggage, Backpacks, Bags, and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Luggage is offered for travel and durability needs.

Backpacks are provided for travel and daily use.

Bags are designed for various personal carrying needs.

Accessories are made to complement travel gear items.

People of TUMI
Headcount 1000-5000
Employee Profiles 213
Board Members and Advisors 7
Employee Profiles
People
Carla Jones
Director, Global HRIS & NA Payroll
People
Alvin Concepcion
VP Of Investor Relations
People
Carolina Faria
Retail Project Coordinator
People
Guillermo Gomez de la Madrid
Sr. Director Of Finance Americas

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Board Members and Advisors
people
Paul Kenneth Etchells
Director
people
Ying Yeh
Director
people
Tom Korbas
Director
people
Bruce Hardy Mclain
Director

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Funding Insights of TUMI

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TUMI

TUMI has secured backing from 1 investor. Prominent investors backing the company include Samsonite India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Samsonite India is engaged in providing premium travel gear.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TUMI

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TUMI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tumi Comparisons

Employees
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Competitors of TUMI

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about TUMI

When was TUMI founded?

TUMI was founded in 1975.

Where is TUMI located?

TUMI is headquartered in South Plainfield, United States. It is registered at South Plainfield, New Jersey, United States.

How many employees does TUMI have?

As of Apr 04, 2024, the latest employee count at TUMI is 252.

What is the annual revenue of TUMI?

Annual revenue of TUMI is $37.87M as on Mar 31, 2018.

What does TUMI do?

TUMI is established as a provider of premium luggage, backpacks, bags, and travel accessories. Operations are focused on delivering high-quality travel solutions for both personal and professional use. Various collections such as 19 Degree, Alpha, and Voyageur are offered to cater to diverse customer needs. The brand is also engaged in sustainability and personalization initiatives. Products are distributed through online platforms and physical stores across India and globally.

What products or services does TUMI offer?

TUMI offers Luggage, Backpacks, Bags, and Accessories.

Who are TUMI's investors?

TUMI has 1 investor. Key investors include Samsonite India.

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