U.S. Tobacco Cooperative Plans Bankruptcy Exit
U.S. Tobacco Cooperative, Inc. (USTC) has begun planning for an exist from Chapter 11 bankruptcy. According to a recent press release, USTC now expects...
How Phillip Morris is Bringing IQOS Back to the U.S.
Last year it was decided that IQOS had to be removed from the U.S. market. Now, Philip Morris International has revealed its plans to...
Altria Releases Fourth Quarter Report, Looks Ahead to 2022
Altria's issued its 2021 fourth-quarter and full-year business results and has provided its 2022 full-year adjusted diluted earnings per share (EPS) guidance.
In the fourth...
Henrik Brandt to Serve as Scandinavian Tobacco Group Chairman
Scandinavian Tobacco Group (STG) will soon have a new chairman. In a recent press release, the company announced that Henrik Brandt will succeed Nigel...
Phillips & King Introduces New Brand and Digital Strategy
Phillips & King International, Inc. is kicking off 2022 with a new brand identity and the announcement of a forthcoming new wholesale e-commerce platform....
Turning Point Brands Names New CEO
Turning Point Brands, Inc. (TPB)–whose products including Zig-Zag, Stoker's and Solace Vapor–has announced that its current CEO, Larry Wexler, will retire in January 2022....
KT&G Corp. to Suspend its U.S. Tobacco Business
According to a report in the Korea Herald, KT&G Corp. will suspend its tobacco business in the U.S. for an "unspecified period." This news...
Vector Group to Split Tobacco and Real Estate Businesses
Vector Group, Ltd. (Vector Group) has announced that its board of directors has approved the plan to spin-off its Douglas Elliman, Inc. business. Once...
J.C. Newman Names New International Sales Director
J.C. Newman Cigar Company has named Aldo Puncioni as is new international sales director. Puncioni is based in Italy and will lead J.C. Newman's...
STG Combines Canada and U.S. Sales Teams
Scandinavian Tobacco Group (STG) has combined its STG Canada sales team with its U.S. sales organization. Going forward, both organizations will operate under one...
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