Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

September 05, 2015 11:14 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Tumi Holdings, Inc.

Company Overview

Tumi Holdings, Inc. designs, produces, and markets a range of travel and business products, and accessories. It operates in four segments: Direct-to-Consumer North America; Direct-to-Consumer International; Indirect-to-Consumer North America; and Indirect-to-Consumer International. The company provides wheeled travel products and soft styles without wheels comprising satchels, garment bags, boarding totes, and cross-body bags; and business cases, including wheeled business cases, backpacks, messenger bags, day bags, and totes. It also offers accessories comprising agendas and planners, passport cases, mobile covers, umbrellas, and travel accessories, such as electric current adapters, key fo...

1001 Durham Avenue

South Plainfield, NJ 07080

United States

Founded in 1975

1,484 Employees



Key Executives for Tumi Holdings, Inc.

Chief Executive Officer, President and Director
Age: 57
Total Annual Compensation: $885.0K
Chief Financial Officer, Executive Vice President and Director
Age: 66
Total Annual Compensation: $466.9K
Senior Vice President of Product Development, Manufacturing and Sourcing
Age: 59
Total Annual Compensation: $441.5K
Executive Vice President, General Counsel and Secretary
Age: 47
Total Annual Compensation: $396.0K
Compensation as of Fiscal Year 2014.

Tumi Holdings, Inc. Key Developments

Tumi Holdings, Inc. Announces Resignation of Adam Levy as President of Retail, Effective September 3, 2015

On August 20, 2015, Adam Levy notified Tumi Holdings, Inc. of his resignation as President, Retail of the company, and any and all positions held by him at the company's subsidiaries, effective September 3, 2015.

Tumi Holdings to Open 20 to 22 New Stores for 2015

Tumi Holdings, Inc. is expecting to open between 20 to 22 new stores for 2015.

Tumi Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2015; Provides Earnings Guidance for the Year 2015

Tumi Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2015. For the quarter, the company's net sales were $138,520,000 against $124,582,000 a year ago. Operating income was $25,280,000 against $19,856,000 a year ago. Income before income taxes was $25,721,000 against $19,702,000 a year ago. Net income was $16,719,000 against $12,219,000 a year ago. Basic and diluted earnings per common share were $0.25 against $0.18 a year ago. For the quarter, the company's net sales were $248,981,000 against $233,184,000 a year ago. Operating income was $34,843,000 against $33,237,000 a year ago. Income before income taxes was $35,527,000 against $32,726,000 a year ago. Net income was $23,093,000 against $20,372,000 a year ago. Basic and diluted earnings per common share were $0.34 against $0.30 a year ago. For fiscal 2015, the company continues to expect net sales to increase between 6% and 9%, and diluted earnings per share to be between $0.90 and $0.95. This assumes a foreign currency impact on net sales of approximately $13 million, and on diluted earnings per share of approximately $0.05, assuming prevailing exchange rates. In the event that foreign currency exchange rates fluctuate from prevailing levels, these estimates of currency impacts could be favorably or unfavorably impacted. The diluted earnings per share guidance also includes expenses incurred and realized in the first quarter of 2015 due to the cost reduction program of approximately $0.02. The Company continues to expect the cost reduction program to result in annualized savings in operating expenses of approximately $3.5 million. These estimates assume total comparable store sales growth in the low to mid-single digits, diluted weighted-average common shares outstanding of approximately 67.9 million, and an effective tax rate of 35.0%. Capital expenditures in fiscal 2015 are expected to be in the range of $35.0 million to $40.0 million.

Similar Private Companies By Industry

Company Name Region
Airtex Design Group, Inc. United States
The New England Overshoe Company, Inc. United States
Bühler Quality Yarns Corp. United States
Renfro Corporation United States
Kork-Ease LP United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tumi Holdings, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at