Innovation Luggage

New York, New York
Founded 1980

CRE Intelligence

Not Expanding
6
RE Data Points
5
RE Contacts

Company Information

Phone
(555) 123-4567
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Email
Not available
Headquarters
330 West 38th Street, New York, New York, 10018

Site Requirements

Standard Prototype

Square Footage
2,500 - 3,500 SF
Parking
25 spaces
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About Innovation Luggage

Innovation Luggage was a specialty retailer dedicated to travel goods, luggage, and related accessories, serving both leisure and business travelers across the United States. The company began in 1980 with its first store in New York City and quickly established a presence throughout the Northeast during the 1980s and 1990s. By November 2005, Innovation Luggage operated 32 stores, with locations concentrated in major shopping malls and high-traffic urban centers in New York, New Jersey, Pennsylvania, and Connecticut.

The retailer built its reputation by offering a broad assortment of premium brands, including Samsonite, Tumi, Hartmann, and Victorinox, alongside exclusive product lines and attentive customer service. In 2005, Innovation Luggage was acquired by Randa Accessories, a leading global accessories company. This acquisition marked a significant milestone, reflecting a broader trend of consolidation within the specialty retail sector and a strategic effort by Randa to expand its direct-to-consumer reach.

Following the acquisition, Innovation Luggage continued to operate under its established name for several years. However, as consumer preferences shifted and e-commerce gained momentum, the brand gradually reduced its store count. Most locations were closed by 2010, and the remaining stores and online operations were discontinued by 2012. Over the last five years of its existence, the company’s footprint steadily contracted, mirroring the challenges faced by many mall-based specialty retailers during this period.

Innovation Luggage’s history illustrates the evolution of specialty retail formats and the importance of adaptability in a changing market. Its legacy includes early adoption of multi-brand retailing and a focus on high-traffic, mall-based locations, offering insight into the dynamics of retail consolidation and the impact of digital transformation on physical store networks. All real estate matters related to the Innovation Luggage portfolio have been managed by executives from Randa Accessories.

Real Estate Requirements

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