STG Acquires Majority Stake in Italian Cigar Company
Scandinavian Tobacco Group (STG) has completed the acquisition of a majority stake in Moderno Opificio del Sigaro Italiano (MOSI), an Italian cigar company with...
Scandinavian Tobacco Group Releases 2021 Third Quarter Report
In its 2021 third quarter report, Scandinavian Tobacco Group (STG) saw organic net sales decline by 2 percent and organic EBITDA grow by 1...
Swedish Match Sees Record Sales in Third Quarter
In the third quarter of 2021, Swedish Match continued to deliver double-digit revenue growth and also saw improved operating profit compared to the third...
J. Cortès and Oliva Cigars Part of New Restructuring
The J. Cortès and Oliva Cigars brands have been restructured under a new name–the Vandermarliere Cigar Family. Both companies have been owned and managed...
STG Names New Business Development Manager
Scandinavian Tobacco Group (STG) has a new business development manager and it's someone already very familiar. The company has announced Justin Andrews, senior brand...
Philip Morris International’s IQOS Ordered Off the U.S. Market
Philip Morris International's (PMI) heat-not-burn device, IQOS, is facing another hurdle as the company attempts to grow its presence in the U.S. In response...
Javier Estades Re-Elected as Cigar Association of America Chairman
The Cigar Association of America (CAA) has announced that Javier Estades, president and CEO of Tabacalera USA, has been elected to a new three-year...
Swisher Announces Retirement of John Miller
Swisher has announced the retirement of John Miller, the company's CEO and president. Niel Kiely, a member of Swisher's Board of Directors, has been...
Swedish Match Sets Plans to Exit Combustible Tobacco Market
Swedish Match has been working in the past two decades to get away from combustible tobacco products and go smoke free. It's latest announcement...
Scandinavian Tobacco Group Posts Gains in Q2 2021 Interim Report
Driven by a continued high demand for handmade premium cigars in the U.S. and good results from the integration of Agio Cigars, Scandinavian Tobacco...
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