Gregory Posts Double-Digit Currency-Neutral Sales Growth In 2022

March 15, 2023

Samsonite International S.A. reported sales at Gregory backpack brand reached $61.4 million in 2022 against $59.4 million a year ago, representing a gain of 3.4 percent year-over-year. Gregory’s sales climbed 12.7 percent on a currency-neutral basis.

On a regional performance, Gregory’s North America net sales were up 13.7 percent vs. 2021. Currency devaluation created headwinds in Asia and Europe, but on a constant currency basis vs. 2021 net sales grew by 9 percent in Asia and 27 percent in Europe. SGB Media