0656 GMT - Samsonite Group is on track to decent growth after posting higher 3Q profit, DBS Group Research's Mavis Hui says in a note. She notes the luggage maker's scale enables it to offer compelling value to customers at various price points. A macroeconomic shift toward value-oriented spending plays to the company's strength through its brands American Tourister and Samsonite, attracting cost-conscious consumers without sacrificing brand equity, the analyst says. Meanwhile, the premium market is still resilient and should boost its Tumi brand. Its underpenetrated non-travel bag segment should remain a central pillar of Samsonite's longer-term growth, as the segment has room to grow market share. DBS maintains its buy rating and target of HK$21.43. Shares rise 16% to HK$19.43. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 13, 2025 01:56 ET (06:56 GMT)

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