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Altria Group, Inc. has announced plans to expand the test market for its heat-not-burn device, IQOS. The expansion will bring IQOS to the Charlotte, N.C. area, the third market for the new device. Previously, Altria has introduced IQOS to Atlanta and Richmond, Virginia [read more here]. Beginning in April 2020, Charlotte will become the newest […]
More than 24 different cigars in four different categories were included in this year’s Tobacco Business Awards. These cigars were chosen and voted on by retailers, manufacturers and consumers who cast their votes to select the best cigars of the past year. Nicaraguan cigars led the pack this year, with cigars from the Dominican Republic […]
Just as the cigar industry has some well-known players, so does the humidor industry. Elie Bleu was founded in 1976 in the heart of Paris. In addition to luxury humidors, the company’s workshop produces watch winders, jewelry boxes and other wooden accessories. Elie Bleu has a reputation as being one of the world’s premier designers […]
Martin King will transition from Philip Morris International chief financial officer. Emanuel Babeau will join as the new CFO, effective May 1, 2020.
Philip Morris International (PMI) appears to be turning its focus on the U.S. market with a recent announcement regarding personnel changes. On March 2, 2020, PMI announced that it had appointed a new chief financial officer to replace Martin King. King, the company announced, would be taking on a new role within the company as […]
The post Philip Morris International Appoints New CEO for American Division appeared first on Tobacco Business Magazine.
March 2- Tobacco giant Philip Morris International Inc said on Monday Martin King will step down as chief financial officer to head the newly created America division, which has a licensing deal with Altria Group to sell heated-tobacco device IQOS. Philip Morris said Emmanuel Babeau, Chief Financial Officer and Deputy Chief Executive Officer at France’s…
Tobacco retailers and consumers in Pennsylvania should be on alert as a new bill looks to ban smoking in more public places, including cigar lounges, bars, casinos, private clubs and outdoor spaces. House Bill 2298 aims to expand the Clean Indoor Act of 2008 and “close the loopholes”, as stated by state Rep. Dan Frankel, […]
Scandinavian Tobacco Group (STG), one of the largest tobacco companies in the world, released its 2019 annual reporting, highlighting its acquisition of Royal Agio Cigars along with further reductions in its manufacturing footprint. In its latest annual report, STG for the first time ever is announcing the full-year results in the company’s four different divisions: […]
The post Scandinavian Tobacco Group Releases 2019 Annual Report appeared first on Tobacco Business Magazine.
H.R. 2339, a legislative bill also known as the “Reversing the Youth Tobacco Epidemic Act of 2019,” has dominated headlines in the recent week. On Feb. 27, 2020, the U.S. House of Representatives voted on H.R. 866, which paved the way for a vote on H.R. 2339 which if passed would amend the Federal Food, […]
The post H.R. 2339 Passes in the U.S. House of Representatives appeared first on Tobacco Business Magazine.
Altria CEO Howard Willard will not receive an annual incentive award as result of the Marlboro maker’s souring minority investment in e-cigarette company Juul Labs, a regulatory filing showed on Friday.