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A Native American tobacco company has urged the Ninth Circuit to rethink two rulings finding it liable for some $58 million in excise taxes and $6 million in fees, saying they… To view the full article, register now.
Much of that money will be spent internationally, and no wonder — roughly 95 percent of the world’s billion smokers live outside of the U.S. Against the backdrop of this supercharged growth, dark clouds have gathered around the company as parents and reg
In his ruling, Judge Edgardo Ramos noted that the complaint simply alleged that, sometime within a 10-year span, FedEx made shipments totaling over 10,000 cigarettes. “Without further details, there is insufficient factual content to ‘draw the reasonable
The Southern District of New York has ruled on cross-motions for summary judgment, finding FedEx Ground Package System Inc. was liable for violations of Contraband Cigarette Trafficking Act and Assurance of…
The TFWA (Tax-free World Association) says that the fourth TFWA China’s Century Conference is due to be held in Hainan on March 5-7. The conference, organized with the support of the Asia Pacific Travel Retail Association, will be held at the Grand Hyat
While the tobacco category’s total volume decline has been ongoing, not all segments within it have declined. Other tobacco products (OTP) is up in both dollar sales and unit volume, while the vaping/e-cigarettes segment is seeing the biggest growth rate
While Gottlieb’s comments sounded foreboding and potentially game-changing for retail, at least one tobacco-industry source, who spoke to CSP Daily News on condition of anonymity, questioned whether the agency had the authority to actually execute such a
announced today the launch of a suite of Global Ex Tobacco Involvement Indexes. “There is growing demand for exclusionary indexes globally, including interest among the world’s largest pension and endowment funds for tobacco exclusion benchmarks”
“We are committed to our goal of convincing the men and women who would otherwise continue to smoke to switch to scientifically-substantiated smoke-free products as soon as possible, while maintaining our strong leadership position in the declining combu
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