Accessories. Lambertson Truex For Sale

December 19, 2008 • Accessories

Lambertson_truex_2Not just looking to buy a luxury bag, but own a luxury line? Well, Lambertson Truex is for sale. The luggage maker, Samsonite, acquired a controlling stake in the New York-based firm in 2006.

“It’s true we’re considering selling our stake in Lambertson Truex,” said Richard Brett, global vice president of marketing and communications at Samsonite’s offices in London. “We want to focus on our core volume brands and brand extensions.”

Samsonite has several brands under its luxury Black Label line, including lines designed by Alexander McQueen and Viktor & Rolf. When it was purchased by Samsonite in 2006, industry sources estimated the brand to have annual sales of $50 million.

Source: WWD

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