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Business Wars Daily

Away, Tumi Send Luggage Competitors Packing

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 14 December 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Friday, December 14, and we’re looking at Samsonite vs. Away.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

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there. Members support each other anonymously, sharing what's helped them on a range of subjects,

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from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

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or talking with children about a diagnosis. There are different forums on cancer types or experiences,

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opportunities to ask an expert, and blog posts.

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Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.3

One, three. From Wondry, I'm David Brown, and this is Business Wars Daily on this Friday, December 14th.

1:09.6

Are you looking ahead to your holiday travel plans?

1:12.1

These days, I'm giving a lot more thought to my luggage, since so many airlines are charging

1:16.5

to check suitcases. If I have to carry it on, it better hold all my stuff and be easy to handle.

1:22.8

Well, it turns out I'm far from the only one thinking about suitcases. This sleepy product category is

1:28.9

suddenly raging hot. Samsonite, the old faithful of the luggage industry, spent almost

1:34.9

$2 billion in 2016, to acquire Toomey, a luggage company known for sleek, pricey baggage,

1:42.0

and long warranties. Toomey pulled Samsonite into the 21st century,

1:46.9

and the brand is now leading Samsonite's healthy sales growth. But not everyone can cough up more

1:52.5

than 500 bucks for a suitcase. And that's where an upstart brand called Away comes in. Founded by

2:00.5

two former Warby Parker employees four years ago,

...

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