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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.
The U.S. House of Representatives is scheduled to vote on House Bill H.R. 2339 on Feb. 27, 2020. Known also as the “Reversing the Youth Tobacco Epidemic Act of 2019,” this bill has the potential to dramatically alter the tobacco business in the U.S. with many measures that are designed to limit youth access and […]
The post U.S. House Set to Vote on Flavored Tobacco Ban Bill appeared first on Tobacco Business Magazine.
Cigarette manufacturers have raised their list prices by 8 cents per pack, according to a report from the Winston-Salem Journal. This is the first price increase in 2020 from Philip Morris USA, R.J. Reynolds Tobacco Co., and ITG Brands LLC. List prices are what wholesalers pay manufacturers for their products and any increase in price […]
The post Cigarette Manufacturers Implement First Price Increases of 2020 appeared first on Tobacco Business Magazine.