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54-680: Samsonite International S.A. is an American premium luggage manufacturer and retailer, with products ranging from large suitcases to small toiletries bags and briefcases . The company was founded in 1910 in Denver , Colorado , United States. Its registered office is in Luxembourg and it is listed on the Hong Kong Stock Exchange . The company was founded in Denver, Colorado , on March 10, 1910, by Black Hawk, Colorado -born luggage salesman Jesse Shwayder (1882–1970) as

108-486: A baggage claim or reclaim area is an area where arriving passengers claim checked-in baggage after disembarking from an airline flight. At most airports and many train stations, baggage is delivered to the passenger on a baggage carousel . Left luggage, also luggage storage or bag storage, is a place where one can temporarily store one's luggage so as to not have to carry it. Left luggage is not synonymous with lost luggage . Often at an airport or train station there may be

162-567: A "macho thing" where "men would not accept suitcases with wheels". Others attribute the late invention to "the abundance of luggage porters with carts in the 1960s, the ease of curbside drop-offs at much smaller airports and the heavy iron casters then available." Passengers are allowed to carry a limited number of smaller bags with them in the vehicle, these are known as hand luggage (more commonly referred to as carry-on in North America ), and contain valuables and items needed during

216-848: A change of ownership in May 2005, Samsonite's headquarters moved from Denver to Mansfield, Massachusetts . Effective September 1, 2005, Samsonite then moved its U.S. marketing and sales offices from Warren, Rhode Island , to Mansfield, Massachusetts. In 2005, the company was acquired by Marcello Bottoli, former CEO of Louis Vuitton , to pull it out of a long slump. Bottoli left the company in 2009. In July 2007, private equity firm CVC Capital Partners took over Samsonite for $ 1.7 billion. CVC Capital Partners Ltd. became Samsonite's fifth owner in 21 years. On September 2, 2009, Samsonite Company Store LLC (U.S. retail division), formally known as Samsonite Company Stores Inc. , filed for Chapter 11 bankruptcy . It planned to close up to 50% of its stores and discontinue

270-590: A day, 7 days a week. In 1995, the network entered the cable television market and by 2000, Bloomberg's 24-hour news programming was being aired to 200 million households. Justin Smith serves as CEO of the Bloomberg Media Group which includes Bloomberg Radio, Bloomberg Television and mobile, online and advertising-supported components of Bloomberg's media offerings. Originally launched in July 1992 under

324-513: A degree that could last for years." In 2015, an internal memo written by editor-in-chief John Micklethwait was leaked to the public. This memo indicated an intent to refocus the agency to better target its core audience, "the clever customer who is short of time", and better achieve the goal of being "the definitive 'chronicle of capitalism.'" This change led to a reduction in reporting on general interest topics in favor of content related to business and economics. In 2018, Micklethwait announced

378-702: A hoax. Vinci's stock briefly fell by 18% when Bloomberg published it, although it quickly recovered once it became clear it was not true. In 2019, France's stock markets regulator, the Autorité des marchés financiers , fined Bloomberg €5 million for publishing the report, stating that it should have known it was false. An appeals court reduced the fine to €3 million in 2021. In November 2019, as Michael Bloomberg announced his presidential campaign , editor-in-chief John Micklethwait ordered his staff not to investigate their boss, nor any other Democratic candidates, while investigations into Donald Trump would continue, "as

432-642: A legitimate news source, a title that Bloomberg Business News only accomplished after agreeing to provide free terminals to major newspapers in exchange for news space in the publications. During this growth period Bloomberg News opened a small television station in New York, purchased New York radio station WNEW, launched fifteen-minute weekday business news programs for broadcast on PBS , and opened offices in Hong Kong and Frankfurt, Germany . The initial goal of Bloomberg Business News to increase terminal sales

486-399: A month to 7.5 lakh pieces by the end of the following year. The expansion will include 180,000 square feet of land for the plant to expand on. Luggage Baggage (not luggage), or baggage train , can also refer to the train of people and goods, both military and of a personal nature, which commonly followed pre-modern armies on campaign. Luggage has changed over time. Historically

540-739: A new company in 1990, Bloomberg hoped that the news service would spread the company name, sell more Bloomberg Terminals and end Bloomberg's reliance on the Dow Jones News Services . The creation of Bloomberg Business News required Winkler to open a Bloomberg office in Washington, D.C. , to report about political effects on the business world. However, the Standing Committee of Correspondents (SCC) in Washington required Bloomberg News be formally accredited to act as

594-631: A new digital design for Bloomberg News. Bloomberg uses a metered paywall to charge visitors for content, limiting users to view 10 free articles per month with unlimited re-read option, and 30 minutes of Bloomberg Television watch per day with reset at local midnight time. In 2018, Bloomberg Businessweek , a subsidiary of Bloomberg News, published an article alleging that the Chinese government had hacked several American companies, including Apple Inc. and Amazon , by placing secret integrated circuits into their computers. Apple and Amazon strongly denied

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648-407: A newspaper: "You have just published a story that says the chairman—and I mean chairman—of your biggest customer has taken $ 5 million from the corporate till. He is with his secretary at a Rio de Janeiro resort, and the secretary's spurned boyfriend calls to tip you off. You get an independent verification that the story is true. Then the phone rings. The customer's public-relations person says, 'Kill

702-546: A staffed 'left luggage counter' or simply a coin-operated or automated locker system. While threats of terrorism all around the globe have caused this type of public storage to decrease over the past few decades, the sharing economy is causing a revival of the industry. Driven in part by the rapid growth of Airbnb and homestay traveling in general, a number of services offering short-term luggage storage by utilizing unused space at local businesses such as hotels, restaurants and retail shops have emerged. Baggage can also refer to

756-498: A wheeled trunk in 1887, and a wheeled suitcase in 1945 – but these were not successfully commercialized. The first rolling suitcase was invented by a French engineer, Maurice Partiot, who was living in the USA at that time. The patent was registered n° 2 463 713, March 8, 1949. But the application was not pursued by its inventor and the patent lapsed in 1967. Bernard D. Sadow developed the first commercial rolling suitcase by applying for

810-468: Is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals , Bloomberg Television , Bloomberg Radio , Bloomberg Businessweek , Bloomberg Markets , Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief . Bloomberg News

864-545: Is baggage that has a built-in or a removable battery within. It often includes features designed to help with travel, including GPS tracking and USB ports to charge electronics. Some bags include a WiFi hotspot and electric wheels for personal transportation. Several smart luggage companies have shut down as a result of a ban which came into effect in January 2018 on smart luggage with non-removable batteries being carried as check-in luggage on flights. In airport terminals,

918-647: The 2024 Russian prisoner exchange was still in progress, Bloomberg News broke a news embargo by reporting information provided by the White House. Other publications, including the Wall Street Journal , criticized Bloomberg for breaking the embargo, potentially jeopardizing the exchange, and for a Bloomberg editor's apparent boasting for being the one to first publish a breaking news story. Bloomberg L.P. bought weekly business magazine Businessweek from McGraw-Hill in 2009. The company acquired

972-560: The Bloomberg Luxury lifestyle section of its paper. The section's content covers topics including travel, wine news, dining, auto news, gadgets, technology news, and more. It also highlights content from Bloomberg's quarterly lifestyle and luxury magazine, Pursuits . In 2012, Bloomberg News published investigative series titled "Revolution to Riches", which focused on China's political elite. The series won that year's George Polk Award for International Reporting. One story in

1026-786: The Shwayder Trunk Manufacturing Company . A religious man, Shwayder named one of his initial cases Samson , after the Biblical strongman, and began using the trademark Samsonite in 1941 for its tapered vulcanized fiber suitcase, introduced in 1939. In 1965, after the Samsonite suitcase became its best-selling product, the company changed its name to SAMSONITE. For many years the subsidiary SAMSONITE Furniture Co. made folding chairs and card tables in Murfreesboro, Tennessee . The Shwayder family sold

1080-822: The "Black Label" brand in the United States. In June 2011, Samsonite raised $ 1.25 billion in an initial public offering in Hong Kong. In August 2012, Samsonite paid $ 35 million in cash to buy the high-end luggage brand Hartmann , which was founded in 1877. In June 2014, Samsonite agreed to buy technical outdoor backpack brand Gregory Mountain Products from Black Diamond, Inc. , for $ 85 million in cash. In March 2016, Samsonite agreed to buy luxury baggage maker Tumi Inc. for $ 1.8 billion in its largest ever acquisition. In April 2017, Samsonite agreed to acquire eBags.com for $ 105 million in cash. In 2023, Samsonite

1134-657: The 1960s that was abandoned in the 1970s. In 2008, 40% of all Samsonite hard luggage was manufactured at its plant in Nashik , India. Samsonite has two assembly plants in Hungary. In 2022, Samsonite announced plans to move production to Japan. In April 2023, Samsonite announced plans to expand its manufacturing in Nashik as the demand for travel has increased. Samsonite India plans to invest ₹110–115 crore to enhance its hard luggage manufacturing capacity from 5 lakh pieces

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1188-432: The 2004 version of their signature Silhouette line. These are otherwise similar in design to two-wheel roll-aboards, with a vertical orientation and a retracting handle, but are designed to be pushed beside or in front of the traveler, rather than pulled behind them. These are often referred to as "spinner" luggage, since they can spin about their vertical axis . Sadow attributes the late invention of luggage on wheels to

1242-506: The Travelpro company, which marketing the suitcases under the trademark "Rollaboard". The terms rollaboard and roll-aboard are used generically, however. While initially designed for carry-on use (to navigate through a large terminal), as implied by the analogous name, similar designs are also used for checked baggage . More recently, four-wheeled luggage with casters has become popular, notably since their use by Samsonite in

1296-529: The arrangement in the U.S. in 1972, but Samsonite remained the distributor in Canada until 1986. Albert H. Reckler, then head of military and export sales for the luggage division, brought the idea of manufacturing and selling Lego in the U.S. to Samsonite. He and Stan A. Clamage were instrumental in establishing the Lego brand in the United States. This was part of an overall company expansion into toy manufacturing in

1350-523: The company to Beatrice Foods in 1973. In 1974, the company released the brand's first wheeled suitcase. Samsonite operated with relative independence within Beatrice until 1986, when Samsonite was sold to Kohlberg Kravis Roberts . Subsequently, in the 1980s and into the 1990s, Samsonite went through multiple ownership changes. Forbes Magazine states that "the company spent most of the 1980s and 1990s in turmoil amidst multiple handoffs." First, Samsonite

1404-551: The company's sales team had done a "heroic job" of mending relations with Chinese officials who had indicated their displeasure about the publication of the Xi revelations. He also warned that if Bloomberg "were to do anything like" the Xi story again, the company would "be straight back in the shit-box." Bloomberg was widely criticized for how it handled the controversy. Howard French , a professor of journalism, wrote that Bloomberg had "tainted its corporate identity and journalism brand to

1458-475: The company, also denied the accusation, but noted that he had recused himself from the company's operations as he was serving as mayor of New York. After the incidents, Bloomberg set about trying to repair its relationship with the Chinese government. By 2015, Bloomberg's reporters began receiving visas again. Bloomberg Chairman Peter Grauer told the staff at the Bloomberg Hong Kong bureau that

1512-421: The defining elections of our time" and calling the decision to avoid coverage "not journalism". Responding to the controversy, Michael Bloomberg told CBS News: "We just have to learn to live with some things." He added that his reporters "get a paycheck. But with your paycheck comes some restrictions and responsibilities." Bloomberg suspended his campaign on March 4, 2020, the day after Super Tuesday . While

1566-558: The editorial output of the Opinion section, stating "our editorials have reflected his views". In 2017, Michael Bloomberg threatened to close Bloomberg View, part of the Bloomberg Opinion, after John Paulson , a billionaire hedge fund manager gave him a call. Paulson was upset about a column that suggested his record-breaking donation to Harvard should have gone to "literally any other charity." Bloomberg changed his mind over

1620-542: The financial ties between a wealthy Chinese businessman and top Chinese leaders' families. Another planned article "about the children of senior Chinese officials employed by foreign banks" was also killed, according to Bloomberg employees. At least five journalists and editors, including the lead writer on the Xi story, left the company after news reports about the decision appeared. One of the journalists said Bloomberg had disparaged "the team that worked so hard to execute an incredibly demanding story" and claimed it threatened

1674-428: The following decades, as reflected in patents such as a 1948 US patent by Herbert Ernest Mingo, for a "device for the handling of trunks, suitcases, and the like". A US patent for a "luggage carriage" filed in 1949 (and published 1953), and another for a "luggage carriage harness", were both made by Kent R. Costikyan. However, the wheels were external to the suitcases. Patents had been published for wheeled luggage –

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1728-484: The general public. Following Bloomberg's announcement, the Houston Chronicle dropped Bloomberg as a source for the 2020 Presidential campaign, saying that "journalists should not choose targets based on their political affiliation." Former Bloomberg News DC Bureau Chief Megan Murphy also criticized the decision, saying it bars "talented reporters and editors from covering massive, crucial aspects of one of

1782-413: The government of the day". Subsequent reporting said Micklethwait was referring to a team of specialized investigative reporters, as opposed to the overall political team, but he would not elaborate or issue a public clarification despite newsroom staff wishing for him to do so. Investigative journalists and political reporters operate separately but reporting indicates this distinction would not be clear to

1836-420: The invention. Sadow's four-wheeled suitcases, pulled using a loose strap, were later surpassed in popularity by suitcases that feature two wheels and are pulled in an upright position using a long handle. These were invented in 1987 by US pilot Robert Plath, and initially sold to crew members. Plath later commercialized them, after travelers became interested after seeing them in use by crew members, and founded

1890-465: The journalists who worked on the story with legal action if they discussed the incident publicly. Bloomberg's top editors, including the senior editor on the stories, Laurie Hays , and editor-in-chief Matthew Winkler denied that the stories were killed. However, this was contradicted by several anonymous Bloomberg employees. According to one employee, Winkler had said, "If we run the story, we'll be kicked out of China." Michael Bloomberg , founder of

1944-408: The journey. There is normally storage space provided for hand luggage, either under seating, or in overhead lockers. Trains often have luggage racks at the ends of the carriage near the doors, or above the seats if there are compartments. On aircraft, the size and weight of hand luggage is regulated, along with the number of bags. Some airlines charge for carry-on over a certain number. Smart luggage

1998-479: The magazine to attract general business to its media audience composed primarily of terminal subscribers. Following the acquisition, Businessweek was renamed Bloomberg Businessweek . Bloomberg Businessweek became a part of Bloomberg News after the acquisition from Bloomberg L.P . Bloomberg Television is a 24-hour financial news television network. It was introduced in 1994 as a subscription service transmitted on satellite television provider DirecTV , 13 hours

2052-463: The magazine's publisher since 2009. Bloomberg Opinion, formerly Bloomberg View, is an editorial division of Bloomberg News which launched in May 2011, and provides content from columnists, authors and editors about current news issues. Timothy L. O'Brien, a former New York Times reporter and editor, is senior executive editor of the division. Bloomberg Editor-in-Chief John Micklethwait admitted in an email to staffers that Michael Bloomberg controls

2106-692: The most common types of luggage were chests or trunks made of wood or other heavy materials. These would be shipped by professional movers. Since the Second World War smaller and more lightweight suitcases and bags that can be carried by an individual have become the main form of luggage. According to the Oxford English Dictionary , the word baggage comes from the Old French bagage (from baguer 'tie up') or from bagues 'bundles'. It may also be related to

2160-546: The report. The incident became a long-running dispute between Bloomberg; the U.S. Department of Homeland Security and the U.K. National Cyber Security Centre both issues statements supporting the companies' denials of the story. In 2021, Bloomberg published a follow-up article standing by its allegations. In 2016, Bloomberg published a news release claiming to be from Vinci SA , a French construction company, that it had discovered accounting irregularities and had to revise its earnings reports. The news release turned out to be

2214-414: The rolling luggage patent, which was officially known as; United States patent 3,653,474 for “Rolling Luggage”, in 1970. Two years later in 1972 Bernard D. Sadow was given the wheeled suitcases patent, which became successful. The patent application cited the increase in air travel, and "baggage handling [having] become perhaps the single biggest difficulty encountered by an air passenger", as background of

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2268-537: The series delved into the family wealth of Chinese leader Xi Jinping. However, before publishing the Xi story, Bloomberg executives and senior editors met with Chinese diplomats twice, without informing the journalists working on the story. Zhang Yesui , the Chinese ambassador to the United States , reportedly threatened Bloomberg with consequences for its Chinese operations if it published the story. Bloomberg's editor-in-chief, Matthew Winkler, reportedly refused to stop

2322-473: The services offered through the terminals. According to Matthew Winkler, then a writer for The Wall Street Journal , Michael Bloomberg telephoned him in November 1989 and asked, "What would it take to get into the news business?" In his book, The Bloomberg Way , Winkler recalls a conversation with Bloomberg about a hypothetical ethical dilemma which could have arisen from Bloomberg's interest in creating

2376-586: The story from being published. Then-CEO Daniel Doctoroff also reportedly defended the investigation and insisted on publishing it, although he insisted on changes to soften the story's impact. After the story was published in June 2012, the Chinese government ordered state enterprises not to subscribe to Bloomberg News. The company's website was also blocked on Chinese servers, and it was unable to obtain visas for journalists it wanted to send to China. The following year, Bloomberg shut down an ongoing investigation into

2430-417: The story or we will return all the terminals we currently rent from you. ' " "What would you do?" Winkler asked. "Go with the story," Bloomberg replied. "Our lawyers will love the fees you generate." Winkler recalls this as his "deciding moment", the time at which he became willing to help Bloomberg build his news organization. The publication was created to provide concise, timely financial news. As

2484-509: The title Bloomberg: A Magazine for Bloomberg Users , Bloomberg Markets was a monthly magazine given to all Bloomberg Professional Service subscribers. In addition to providing international financial news to industry professionals, the magazine included points for navigating terminal functionality. In 2010, the magazine was redesigned in an effort to update its readership beyond terminal users. Ron Henkoff has served as editor of Bloomberg Markets since 1999 and Michael Dukmejian has served as

2538-494: The train of people and goods, both military and of a personal nature, which commonly followed pre-modern armies on campaign. The baggage was considered a strategic resource and guarded by a rear guard . Its loss was considered to weaken and demoralize an army, leading to rearguard attacks such as that at the Battle of Agincourt . Bloomberg News [REDACTED] Bloomberg News (originally Bloomberg Business News )

2592-547: The weekend, but the columnist was given a talking to, according to people familiar with the incident. Bloomberg Politics provides political coverage via digital, print and broadcast media. The multimedia venture, which debuted in October 2014, featured the daily television news program With All Due Respect , hosted by Bloomberg Politics Managing Editors Mark Halperin and John Heilemann . The program came to an end on December 2, 2016. In 2016, Bloomberg Politics produced

2646-607: The word bag . Also according to the Oxford English Dictionary, the word luggage originally meant inconveniently heavy baggage and comes from the verb lug and the suffix -age . Luggage carriers – light-weight wheeled carts on which luggage could be temporarily placed or that can be temporarily attached to luggage – date at least to the 1930s, such as in US patent 2,132,316 "Luggage carrier" by Anne W. Newton (filed 1937, published 1938). These were refined over

2700-406: Was broadcast on DirecTV . Bloomberg also launched a web site to provide the audio feed of its radio broadcasts. Bloomberg Business News was renamed Bloomberg News in 1997. In 2009 Bloomberg News and The Washington Post launched a global news service known as The Washington Post News Service with Bloomberg News , to provide economic and political news. In April 2014, Bloomberg News launched

2754-410: Was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Bloomberg Business News was created to expand

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2808-469: Was met by the mid-1990s and the company refocused the scope of its news service to rival the profitability of other media groups such as Reuters and Dow Jones . This led to the creation of Bloomberg's magazine, Bloomberg Personal, in 1995, which was carried in the Sunday edition of 18 U.S. papers. In 1994, Bloomberg launched a 24-hour financial news service through Bloomberg Information Television , which

2862-556: Was rated the best overall luggage for travelers by Good Housekeeping Magazine . In September 2023, Bloomberg reported that Samsonite was exploring the possibility of a second listing in the U.S. as the luggage maker looked to broaden its investor base. Beginning in 1961, Samsonite manufactured and distributed Lego building toys for the North American market under license from the Lego Group . A licensing dispute ended

2916-511: Was spun off from KKR as part of E-II , which came under the control of Fortune Brands . E-II went through bankruptcy and was renamed Astrum International . In 1993, Astrum purchased American Tourister luggage, complementing Samsonite. In 1995, Astrum split, and an independent Samsonite (now including American Tourister) was once again headquartered in Denver. The Denver factory, which employed 4,000 people at its peak, closed in May 2001. After

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