Samsonite assumes direct control of Tumi products in China

HONG KONG, April 5 (Reuters) - Samsonite International S.A.

on Wednesday said it took direct control of the

wholesale and retail distribution of Tumi products in Hong Kong,

Macau and China from April 1, as the luggage maker targets the

region's "enormous potential".

Samsonite in a statement said it had acquired certain assets

including inventory and the rights to store leases from Hong

Kong-based retail and brand management group Imaginex Holdings

Ltd. It did not provide details.

Imaginex was Tumi distributor in Hong Kong, Macau and China

from 2005 until the end of its contract on March 31, Samsonite


Samsonite completed its $1.8 billion purchase of peer Tumi

Holdings Inc in August, as the world's biggest luggage firm

expands in the luxury market.

(Reporting by Donny Kwok; Editing by Christopher Cushing)