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1910 Samsonite SA News Story

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Consumer CyclicalsAdventurousMid CapValue Trap

HK-listed Samsonite shares fall after senior management change

** Shares of luggage maker and distributor Samsonite
International S.A.  1910.HK  fall 3% to HK$15.34, the biggest
daily pct drop since June 17 
    ** Co says Paul Melkebeke has served as president for Asia
Pacific and Middle East until June 19 and is no longer employed
with the group (https://bit.ly/3zR0vFe)
    ** Says chief executive officer Kyle Francis Gendreau will
oversee the group's Asia Pacific and Middle East region until a
new regional president is appointed 
    ** It gives no further detail on Melkebeke's departure  
    ** Hang Seng Commerce & Industry Index  .HSNC  falls 1.6%,
and Hang Seng consumer goods and services index  .HSCGSI  slips
0.1%
    ** Hang Seng Composite Index  .HSCI  eases 0.9% and Hang
Seng Index  .HSI  slides 1.1%


 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))

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