Tumi Holdings, Inc., is a South Plainfield, New Jersey-based manufacturer of high-end suitcases and bags for travel. Founded in 1975 by Charlie Clifford after a stay in the Peace Corps in Peru, the company is named after a Peruvian ceremonial knife used for sacrifices. The success comes with the launch of a revolutionary carry-on garment bag, introducing ballistic nylon, with a polished design in the early 1980s. The brand expands its collection with small leather items for men, and pursue launching innovations for luggage, such as the “Tumi wheel-a-way”, the snap hook with swivel platform, the add-a-bag strap. In 1999, the brand proposes the “Tumi tracer” a product identification and recovery program, to help Tumi clients track and recover their lost or stolen luggage. In the meantime, Tumi has expanded oversea, in Europe at first and then in Asia. In the early 2000s, Tumi launches a collection addressing the luxury clients. Tumi, Inc. was a unit of Doughty Hanson & Co. from 2004 until after its 2012 initial public offering. In 2004, Doughty Hanson & Co took over Tumi. The takeover came with a price drop in the company’s products and a change in warranty from their famed lifetime warranty to 5 years. Tumi have since failed to honour customers who paid the significantly higher rates for the lifetime warranty prior to 2004. In 2016, Samsonite announced it would acquire Tumi.
United States of America