Luggage brand Away is reportedly considering a sale and other strategic options. Bloomberg reported Monday (Feb. 13) that the firm was valued at $1.45 billion in 2019 but that it’s not clear what price it could command today, were it to choose to be sold....
With the COVID-19 pandemic bringing travel to a standstill, Away has announced it is furloughing approximately half of its team and laying off an additional 10 percent. The travel luggage company noted in a Medium post that it has seen sales of its products drop by over 90 percent...
The internal frame backpack — beloved by students, hikers and itinerant types all over the world — first entered the market in its modern form in 1967 when it was introduced to the world by its inventor, Greg Lowe. In the intervening 52 years, the...
February 13, 2023
Luggage brand Away is reportedly considering a sale and other strategic options. Bloomberg reported Monday (Feb. 13) that the firm was valued at $1.45 billion in 2019 but that it’s not clear what price it could command today, were it to choose to be sold. The firm is working with an adviser to identify potential […]
April 09, 2020
With the COVID-19 pandemic bringing travel to a standstill, Away has announced it is furloughing approximately half of its team and laying off an additional 10 percent. The travel luggage company noted...
