Legal entity

Samsonite network development

LUGGAGE STORE SRL Chisinau, Chisinau, Moldova

Debt
Coming soon
Amount Raised
€ 1.00
Goal
€ 25000
36 Days Left
6% Complete (success)

This Campaign is open for both accredited & no-accredited Investors.

15% Interest (% per year)
24 months Term Length (Months)

Raise Details

Fixed Investing This Campaign started on March 24, 2025 and will close on May 8, 2025, 9:00 pm.
(UTC/GMT 08 May,2025 21:00 pm)
  • Campaign Deal Type
    Debt
  • Investing Goal
    € 25,000.00
  • Minimum Reservation
    € 50.00
  • Open Date
    24-03-2025
  • Closing Date
    09-05-2025
  • Type
    For renovating a property
  • Phases
    Repair works
  • Payback Start Date
    01-07-2025
  • Invest Frequency
    Monthly
  • Organisation Industry
    Trade

Other details

  • Total asset value
    € 731,308.00
  • Loan to value
    3%
  • Warranty type
    Suretyship
  • Term Length
    24 Monthly
Investment Detail

Invest Summary

The financing structure is summarized in the table below:

Total investment 25 000 EUR 100%
Collected funds 25 000 EUR 100%

The project developer plans to use the majority of the collected funds to finance fixed assets: purchasing modern equipment, promoting and launching an advertising campaign to attract new customers and retain existing ones. The remaining funds will be used to cover the entity’s current expenses.

The investment fund allocation structure is shown in the table below:

Total investment 25 000 EUR 100%
Equipment 15 000 EUR 60%
Marketing 5 000 EUR 20%
Personnel 5 000 EUR 20%

Market Summary

The company widely utilizes and implements a diverse mix of digital marketing tools. The main focus is on using Google Marketing Platform, which has allowed for centralizing advertising expenditures and increasing data transparency. In the Republic of Moldova, Samsonite adapts its marketing strategy to local conditions, focusing on data analysis and testing various channels to improve return on investment (ROI). As a result of these measures, the company has managed to increase advertising efficiency by 25%, while reducing expenses by 77%.

Samsonite’s sustainability efforts focus on several key areas to minimize environmental impact and promote responsible business practices.

Sustainable Materials

One of Samsonite’s main initiatives is the use of sustainable materials in their products. A significant example is the Recyclex™ material, which is made from at least 50% recycled plastic bottles. This material is used in various products, including suitcases, backpacks, and children’s luggage, thus reducing waste and giving plastic a second life in durable, long-lasting items.

Eco-Friendly Collections

Samsonite offers several product lines specifically designed to be more environmentally friendly. These include the Proxis and C-Lite collections, which use innovative materials and designs to enhance durability and sustainability. For instance, the Proxis range uses Roxkin™, known for its resilience, and comes with a unique service plan that encourages recycling and reuse after use.

Production and Operations

Samsonite is also committed to improving the sustainability of its production processes. The company aims to reduce its carbon footprint through energy-efficient manufacturing practices and by optimizing logistics to reduce emissions. Additionally, Samsonite strives to ensure that its factories adhere to high environmental and social standards.

Product Longevity and Recycling

A cornerstone of Samsonite’s sustainability strategy is the emphasis on product longevity. By creating high-quality, durable products, the company reduces the frequency of replacement, thus minimizing waste. Furthermore, Samsonite offers repair services and encourages customers to recycle products through initiatives such as the "wecare" service plan, which includes free personalization and repair services, promoting a culture of reuse and recycling.

Corporate Responsibility

Beyond environmental initiatives, Samsonite is dedicated to corporate social responsibility. This includes ensuring fair labor practices in its supply chain and contributing to the communities in which it operates. Samsonite also participates in various philanthropic activities and partnerships aimed at promoting social welfare and environmental conservation.

Overall, Samsonite’s sustainability efforts are comprehensive, covering materials, production, product lifecycle, and corporate social responsibility, demonstrating a strong commitment to reducing environmental impact and promoting a sustainable future.

Elevator Pitch

LUGGAGE STORE SRL owns a network of multi-brand stores offering premium luggage and travel accessories. The wide range of products includes suitcases, handbags for women, business collections, children’s items, casual-style collections, unisex models, and accessories from international brands such as Samsonite, American Tourister, Lipault, TUMI, Gregory, and others. The products are sold through various distribution channels, including specialty stores, retail chains, as well as via e-commerce platforms.

According to the development plan, within the next six months, the company’s management has decided to open a new store in a European-style shopping complex. A loyal customer base has already been established, supported by a website and an online store, along with regular advertising through the internet, television, and radio. Due to the high quality of the offered products and competitive pricing, customers from even the most remote areas visit the stores.

Projected Return Calculator

  • 15%
  • 24 Monthly
  • € 1,500.00

Organisation Overview

LUGGAGE STORE SRL is a company engaged in the retail trade of suitcases, bags, and accessories. The company began its operations in 2018 as a multibrand store for premium travel and luggage items. Since 2018, the company has been the official representative of Samsonite IP Holdings, which has enabled it to successfully launch a network of Samsonite stores in Moldova and strengthen its popularity and customer loyalty. Currently, Samsonite represents a network of multibrand stores offering premium travel and luggage products. The wide range of models includes suitcases, women's bags, business collections, children's items, casual collections, unisex items, and accessories from international brands such as Samsonite, American Tourister, Lipault, TUMI, Gregory, and others. Product sales are carried out through various distribution channels, including specialty stores, retail outlets, and e-commerce platforms.


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