Rimowa reports 28.2% revenue increase in 2015
The RIMOWA Group is submitting its preliminary annual report 2015, which once again reveals strong growth during the last year. With a total revenue of around 350 million euros, the RIMOWA group achieved an exceptional result for 2015. This corresponds to an increase in sales of 28.2% compared to the previous year (273 million euros in 2014).
With this, RIMOWA has yet another record year under its belt, and attributes this to several factors, including the high product quality, its long-standing history and the innovative strength of the company. Due to increasing demand for RIMOWA suitcases, the company’s global production sites have also been expanded. Last year, a large new building was erected at its headquarters in Cologne, which has enabled the implementation of innovative production processes. This year, another production facility will extend the Cologne site further. In the Czech Republic, production and storage areas have also been expanded, whilst in Canada, the space is even to be doubled. These extensions not only enable increased production capacity and the reduction of currently longer delivery times, but also serve to create new jobs in the countries in question.
Another milestone in the RIMOWA success story was achieved last year with the RIMOWA Electronic Tag (RET). The latest innovation from the company replaces the conventional paper tag with a digital data module that is integrated into the suitcase. The system was extensively tested in 2015 and is to be launched onto the market this year. Collaboration with Lufthansa represented an important step for the product launch, and paves the way for the actual use of the product. The suitcases fitted with RET will also be unveiled in the new catalogue, which was developed in collaboration with National Geographic Germany in Japan.