Exhibit 10.30

SAMSONITE CORPORATION  EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (this "Agreement") is made as of March 2, 2004, between Samsonite Corporation, a
Delaware corporation (the "Company"), and Marcello Bottoli ("Executive").

In
consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

1.Definitions.

"Affiliate"
means, as applied to any specified Person, any other Person that, directly or indirectly, controls, is controlled by or is under common control with such Person. For purposes
of the foregoing, "control," when used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such
Person, whether through the ownership of Voting Stock, by contract or otherwise, and the terms "controlled" and "controlling" shall have meanings correlative to the foregoing.

"COBRA"
means Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended, and Section 4980B of the Internal Revenue Code of
1986, as amended.

"Person"
means an individual, corporation, partnership, limited liability company, association, trust or other entity or organization, including a governmental or political subdivision
or an agency or instrumentality thereof.

"Voting
Stock" means, with respect to any Person, any shares of stock or other equity interests of any class or classes of such Person, the holders of which are entitled under ordinary
circumstances
(irrespective of whether at the time stock or other equity interests of any other class or classes shall have or might have voting power by reason of the happening of any contingency) to vote for the
election of a majority of the directors, executives, trustees or other governing body of such Person.

2.Employment. The Company shall employ Executive, and Executive hereby accepts employment with the Company, upon the terms
and conditions set forth in this Agreement for the period beginning on the date hereof and ending as provided in paragraph 6 hereof (the "Employment
Period").

3.Position and Duties.



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4.Compensation and Benefits.



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Executive
agrees to work in good faith with the Company to minimize expenses relating to the forgoing benefits.

In
addition, during the Employment Period, Executive shall be entitled to participate in all of the Company's employee benefit programs for which senior executive employees of the
Company and its Subsidiaries are generally eligible.

5.Board Membership. With respect to all regular elections of directors during the Employment Period, after termination of
the Samsonite Corporate Therapeutics, as adopted pursuant to the Stipulation of Settlement dated as of April 28, 2000, by and among the Company and certain third parties thereto, the parties
acknowledge that it is the intention of the parties that the Company shall cause Executive to be nominated to, and Executive shall if elected serve as a member of, the Board. Upon the termination or
expiration of the Employment Period, Executive shall resign as a director of the Company and its Subsidiaries, as the case may be.

6.Term.



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7.Confidential Information.



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8.Non-compete



Each
payment specified in paragraphs 8(b)(i) and 8(b)(ii) is a "Non-compete Payment."



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9.Executive's Representations. Except as set forth onSchedule 9attached hereto, Executive hereby represents and warrants to the Company that (i) the execution, delivery and performance of this Agreement by Executive do not and shall not conflict with,
breach, violate or cause a default under any contract, agreement, instrument, order, judgment or decree to which Executive is a party or by which he is bound, (ii) Executive is not a party to
or bound by any employment agreement, non-compete agreement or confidentiality agreement with any other person or entity and (iii) upon the execution and delivery of this Agreement
by the Company, this Agreement shall be the valid and binding obligation of Executive, enforceable in accordance with its terms. Executive hereby acknowledges and represents that he has consulted with
independent legal counsel regarding his rights and obligations under this Agreement and that he fully understands the terms and conditions contained herein.

10.Survival. Paragraphs 6 through 23 shall survive and continue in full force in accordance with their terms notwithstanding
the expiration or termination of the Employment Period.

11.Notices. Any notice provided for in this Agreement shall be in writing and shall be either personally delivered, sent by
reputable overnight courier service or mailed by first class mail, return receipt requested, to the recipient at the address below indicated:

Notices
to Executive:



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Notices
to the Company:



With
a copy to:



or
such other address or to the attention of such other person as the recipient party shall have specified by prior written notice to the sending party. Any notice under this Agreement shall be deemed
to have been given when so delivered, sent or mailed.

12.Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective
and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such
invalidity, illegality or unenforceability shall not affect any other provision of this Agreement or any action in any other jurisdiction, but this Agreement shall be reformed, construed and enforced
in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein.

13.Complete Agreement. This Agreement, those documents expressly referred to herein and other documents of even date
herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral,
which may have related to the subject matter hereof in any way.

14.No Strict Construction. The language used in this Agreement shall be deemed to be the language chosen by the parties
hereto to express their mutual intent, and no rule of strict construction shall be applied against any party.

15.Counterparts. This Agreement may be executed in separate counterparts (including by means of facsimile), each of which is
deemed to be an original and all of which taken together constitute one and the same agreement.

16.Successors and Assigns. The Company will require any successor (whether direct or indirect, by purchase, merger,
consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company, by agreement in form and substance satisfactory to Executive, expressly to assume and
agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. This Agreement will be binding upon and inure
to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of the
Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement), but will not otherwise
be assignable, transferable or delegable by the Company. This Agreement will inure to the benefit of and be enforceable by Executive's personal or legal representatives, executors, administrators,

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successors,
heirs, distributees and legatees, but otherwise will not otherwise be assignable, transferable or delegable by Executive. This Agreement is personal in nature and neither of the parties
hereto shall, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as otherwise expressly provided in this paragraph 16.

17.Choice of Law. All issues and questions concerning the construction, validity, enforcement and interpretation of this
Agreement and the exhibits and schedules hereto shall be governed by, and construed in accordance with, the laws of the State of New York, without giving effect to any choice of law or conflict of law
rules or provisions (whether of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of New York.

18.Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of
the Company (as approved by the Board) and Executive, and no course of conduct or course of dealing or failure or delay by any party hereto in enforcing or exercising any of the provisions of this
Agreement (including, without limitation, the Company's right to terminate the Employment Period for Cause or, except as otherwise stated herein, Executive's right to terminate the Employment
Agreement for Good Reason) shall affect the validity, binding effect or enforceability of this Agreement or be deemed to be an implied waiver of any provision of this Agreement.

19.Insurance. The Company may, at its discretion, apply for and procure in its own name and for its own benefit life and/or
disability insurance on Executive in any amount or amounts considered advisable. Executive agrees to cooperate in any medical or other examination, supply any information and execute and deliver any
applications or other instruments in writing as may be reasonably necessary to obtain and constitute such insurance. Executive hereby represents that he has no reason to believe that his life is not
insurable at rates now prevailing for healthy men of his age.

20.Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its respective Subsidiaries shall
be entitled to deduct or withhold from any amounts owing from the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment
taxes ("Taxes") imposed with respect to Executive's compensation or other payments from the Company or any of its Subsidiaries or Executive's ownership
interest in the Company (including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the
Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and its Subsidiaries for any amounts paid with respect to any such Taxes,
together (if such failure to withhold was at the written direction of Executive or if Executive has not provided the Company with the information necessary to make such deductions or withholdings)
with any interest, penalties and related expenses thereto.

21.Waiver of Jury Trial. AS A SPECIFICALLY BARGAINED FOR INDUCEMENT FOR EACH OF THE PARTIES HERETO TO ENTER INTO THIS
AGREEMENT (AFTER HAVING THE OPPORTUNITY TO CONSULT WITH COUNSEL), EACH PARTY HERETO EXPRESSLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LAWSUIT OR PROCEEDING RELATING TO OR ARISING IN ANY WAY FROM THIS
AGREEMENT OR THE MATTERS CONTEMPLATED HEREBY.

22.Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and
investment opportunities or offers presented to Executive or of which Executive becomes aware which relate to the business of the Company at any time during the Employment Period
("Corporate Opportunities"). Unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on
Executive's own behalf.

23.Executive's Cooperation. During the Employment Period and thereafter, Executive shall cooperate with the Company and its
Subsidiaries in any internal investigation or administrative,

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regulatory
or judicial proceeding as reasonably requested by the Company (including, without limitation, Executive being available to the Company upon reasonable notice for interviews and factual
investigations, appearing at the Company's request to give testimony without requiring service of a subpoena or other legal process, volunteering to the Company all pertinent information and turning
over to the Company all relevant documents which are or may come into Executive's possession, in all cases by providing truthful and accurate information and all at times and on schedules that are
reasonably consistent with Executive's other permitted activities and commitments). In the event the Company requires Executive's cooperation in accordance with this paragraph, solely in recognition
of Executive's time and expenses he may incur, the Company shall pay Executive a per diem reasonably determined by the Board and reimburse Executive for reasonable expenses incurred in connection
therewith (including lodging and meals, upon submission of receipts, and reasonable attorneys' fees, except in relation to matters as to which Executive is liable for negligence or misconduct).

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IN WITNESS WHEREOF,the parties hereto have executed this Employment Agreement as of the date first written above.

| |  | SAMSONITE CORPORATION
| |  | ---------------------
| |  | By:                  
| |  | Its:                 
| |  | MARCELLO BOTTOLI     

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SCHEDULE 9
EMPLOYMENT AGREEMENT DATED AS OF MARCH 2, 2004 BETWEEN
SAMSONITE CORPORATION AND MARCELLO BOTTOLI

Executive is subject to certain confidentiality and non-solicitation obligations related to his previous employment with MOET HENNESY LOUIS VUITTON
("LVMH") and its subsidiaries, under the contract provisions set forth below. The French text set forth below is the official text of the subject agreements and the English translation is unofficial.

1.     Confidentiality
provision under employment agreement dated May 10th, 2001:

"Secret
professionnel

Le
titulaire accepte de garder confidentiel pendant toute la durée de l'emploi, ainsi qu'aprés, tout ce dont il pourrait avoir eu connaissance en raison de
ses fonctions. Cela inclut en particulier toute information concernant des produits existants ou futurs, les services offerts ou utilisés par la Societé, toute
information concernat les strategies de la Société sur les produits, les ventes, couts, prix, organigrammes, clients, fournisseurs, etc. Toute exception a cette
obligation de secret professionnel est soumise à l'approbation préalable et écrite de la Direction Générale du Groupe".

"Professional
Secret

The
executive accepts to maintain confidential during the duration of the employment and beyond all that he could have come to know due to his functions. This includes in particular all
information regarding existing or future products, services offered or used by the Company, all information regarding company strategies on products, sales, costs, prices, organisation charts,
customers, suppliers, etc. Any exception to this obligation of professional secret has to be submitted to prior written approval by the General Management of the Group."

2.     Confidentiality
provision under document dated March 13th, 2003:

"Monsieur
Marcello Bottoli s'engage et ce sans limitation de durée, à ne pas reveler ni utiliser pour son compte ou pour le compte d'autrui, toutes
informations considérées comme confidentielles par le Groupe. Par "informations confidentielles", il faut comprendre toutes les informations qui ne sont pas connues du
public, ou qui ne se trouvent pas dans le domaine public, et dont Monsieur Marcello Bottoli a eu connaissance en raison de ses fonctions depuis son entrée dans le Groupe".

"Mr. Marcello
Bottoli commits without limitation of time not to reveal or use for himself or on behalf of third parties all information considered as confidential by the Group.
"Confidential information" is meant to be all information which are not known to the public or which is not in the public domain, which Mr. Marcello Bottoli has come to know due to his
functions since his joining the Group."

3.     Non-solicitation
clause under employment agreement dated May 10th, 2001, expiring December 9, 2004:

"Clause
de non-debauchage En cas de cessation du present contrat, et quelle qu'en soit la cause, le titulaire s'interdit, pendant une periode de 2 ans, de recruter ou de
favoriser le recrutement d'une façon directe ou indirecte, d'un salarié du Groupe d'activités Mode et MaroquinerieLVMH, ou d'un ancien
salarié l'ayant quitté depuis moins de 6 mois.

"Non
solicitation clause

In
case of termination of this agreement and regardless of the cause of termination, the executive is prohibited to hire or favor directly or indirectly the hiring of a Divisional (LVMH
Fashion & Leather Goods

Division)
employee or of a previous employee, having left the Division since less than 6 months."

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