Tumi Latest IPO Success Story

Selling nearly 18.8 million shares, the upscale luggage and accessories firm raised $338 million on opening day.

By Vicki M. Young

financial/news

NEW YORK — Tumi Holdings Inc., appears to be the latest beneficiary of the Michael Kors Effect.

Tumi went public on the New York Stock Exchange Thursday and shares...

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Tumi Latest IPO Success Story

Selling nearly 18.8 million shares, the upscale luggage and accessories firm raised $338 million on opening day.

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