Stephanie Korey, co-founder and CEO of luggage company Away, discusses its accomplishments since launching in 2015. We talk plans for expansion, as the company has raised $31 million to date.
In less than two years, Away has sold 250,000 suitcases and already has several retail stores, with plans to open more in the coming year. We discuss new regulations by airlines that only permit "smart" suitcases with removable batteries on board.
The company looks to expand into a lifestyle brand with the launch of "Here" magazine and a new podcast called "Airplane Mode." Korey gives us a brief tease into advancements in the company's luggage which we may see in the coming months.
Elaine Low, staff writer with The Ankler, joined Cheddar News to break down the latest deal with the studios, why it was such a tough negotiation, and what lies ahead.
