May 25, 2018 / 1:30 AM / 4 months ago

Samsonite shares set to fall 9 percent; rejects short-seller report

HONG KONG (Reuters) - Shares of Samsonite International SA (1910.HK) were set to fall 9 percent on Friday as trade resumes after short seller Blue Orca said the world’s largest luggage maker had questionable accounting practices.

FILE PHOTO: The logo of Samsonite is seen in a shop in downtown Rome, Italy March 4, 2016. REUTERS/Max Rossi/File Photo

Samsonite rejected the allegations as “one-sided” and “misleading”.

Samsonite’s shares were set to open down 8.8 percent at HK$28.00.

Reporting by Anne Marie Roantree; Editing by Edwina Gibbs

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