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Swedish Match is reporting a positive first quarter, mostly led by a growing smokeless category and products like ZYN. In a recent recap of the first three months of 2020, Swedish Match reported that sales from product segments including smokeless, cigars and lights increased by 30 percent in the first quarter. Operating profit from product […]
The post Swedish Match Touts Record First Quarter 2020 Results appeared first on Tobacco Business Magazine.
Like many companies, British American Tobacco (BAT) is responding to the current impact COVID-19 may have on its business as it looks ahead to what may lie ahead in 2020. In a statement, BAT’s chairman Richard Burrows placed the focus on his company’s employees and their health and well-being. He talks about the measures taken […]
In 2009, the Family Smoking Prevention and Tobacco Control Act authorized the U.S. Food and Drug Administration (FDA) to regulate cigarettes, smokeless tobacco and roll-your-own (RYO) tobacco products. This federal law required cigarettes, smokeless and RYO tobacco first introduced into the marketplace or modified after Feb. 15, 2007, to receive marketing authorization from the FDA […]
The post The ABCs of FDA Tobacco Product Review Applications appeared first on Tobacco Business Magazine.
Lost & Found Cigars, a company owned by Robert Caldwell, Tony Bellatto, and Jaclyn Sears, has announced its latest series, No Free Lunch, a collection of four unique blends that are packed in 10 count boxes. Like many businesses in recent months, Lost & Found has had to re-adjust its marketing and product plans due […]
Janine Perdomo is a powerful force in the cigar industry. Born in New Jersey to parents of Irish and Italian descent, she has spent most of her life in Florida, where she met her husband, Nick Perdomo Jr., at 18 years old. A year later, they were married and inseparable. Janine isn’t just married to […]
It is official–Imperial Brands is out of the premium cigar industry. This morning, it was was announced that Imperial Brands has sold its premium cigar business for 1.23 billion euros ($1.33 billion). Profits from the sale will be used to pay down debts. Imperial Brands announced back in April 2019 that it had plans to […]
The post Imperial Brands Sells Premium Cigar Business for $1.33 Billion appeared first on Tobacco Business Magazine.
On April 23, 2020, Scandinavian Tobacco Group (STG) announced that it had completed its integration of Royal Agio Cigars [read more here]. With the integration of STG’s latest acquisition complete, the company rolled out changes, one of them that has resulted in the return of Régis Broersma as president of General Cigar Company. Back in […]
The post Régis Broersma Returns as President of General Cigar Company appeared first on Tobacco Business Magazine.
Scandinavian Tobacco Group (STG) has announced the completion of its integration of Royal Agio Cigars and now it’s talking about the rest of its plan moving forward. In a press release, STG stated that the integration of Royal Agio Cigars is expected to “deliver substantial cost synergies within sales and marketing, production and back office […]
The post Scandinavian Tobacco Group Completes Agio Cigars Integration appeared first on Tobacco Business Magazine.
The Premium Cigar Association (PCA) and Cigar Rights of America (CRA) are commending the decision made by the courts to extend the Substantial Equivalence (SE) deadline. The PCA and the CRA were among the organizations pushing for an extension for SE applications due to the disruption caused by the COVID-19 pandemic. On behalf of the […]
The post PCA and the CRA Comment on Substantial Equivalence Extension appeared first on Tobacco Business Magazine.
Matt Booth, owner of Room 101, has announced the return of a well-received cigar line–Death Bucket. Back in January 2017, Booth announced he was retiring from the cigar industry. That retirement, much to the delight of many in the industry, was short-lived. Five months into his retirement, he quietly began working on a new cigar […]