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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . Samsonite® SAMSONITE INTERNATIONAL S.A. 新 秀麗 國際 有限公司 13-15 avenue de la Liberté , L - 1931 Luxembourg R.C.S. LUXEMBOURG : B 159.469 ( Incorporated in Luxembourg with limited liability ) ( Stock code : 1910 ) QUARTERLY REPORT FOR THE PERIOD ENDED SEPTEMBER 30 , 2021 The Board of Directors of Samsonite International S.A. ( the " Company " ) , together with its consolidated subsidiaries ( the " Group " ) , is pleased to present the unaudited consolidated financial and business review of the Group as of September 30 , 2021 and for the three and nine month periods then ended , together with comparative figures for the three and nine month periods ended September 30 , 2020. This announcement is made pursuant to the Inside Information Provisions of Part XIVA of the Securities and Futures Ordinance and Rule 13.09 ( 2 ) ( a ) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited . Summary Financial Results and Financial Highlights Summary Financial Results During the three and nine months ended September 30 , 2021 , the Group has experienced improved sales trends due to certain governments relaxing social - distancing restrictions and markets around the world continuing to reopen due to the COVID - 19 pandemic moderating . The Group's net sales recovery accelerated during the third quarter of 2021 . During 2020 and through the first half of 2021 , certain government - mandated restrictions and lockdowns resulted in temporary closures of certain retail stores in which the Company's products were sold , quarantines and social - distancing required or recommended by governments , and significant reductions in travel and discretionary spending among consumers , which led to reduced demand for many of the Group's products ( collectively , the " COVID - 19 Impacts " ) . During 2020 and the first nine months of 2021 , the Group's management took steps to enhance the Company's liquidity and further improve its resilience in response to the COVID - 19 Impacts . In addition to strengthening the Company's liquidity , the Group aggressively reduced its operating expenses to mitigate the impact of lower sales on profit and cash flow as well as to right - size the business for the future . Management continues to tightly manage the Group's operating expenses ( see Management Discussion and Analysis - Impact of COVID - 19 for further discussion ) . In this announcement , certain financial results for the three and nine months ended September 30 , 2021 are compared to both the three and nine months ended September 30 , 2020 and the three and nine months ended September 30 , 2019. Comparisons to the three and nine months ended September 30 , 2019 are provided because they are the most recently ended comparable periods during which the Company's results were not affected by COVID - 19 . During the three and nine months ended September 30 , 2020 the COVID - 19 Impacts had a significant effect on the Company's financial results . 1