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...
Altria Group Releases Third Quarter 2020 Report
Altria Group, Inc. has released its 2020 third-quarter, reporting that its tobacco businesses are showing resilience while narrowing its 2020 full-year earnings guidance.
In a...
Philip Morris International to Acquire Fertin Pharma
Philip Morris International's latest business move will help the tobacco manufacturer reach its goal of achieving a smoke-free portfolio. In a press release, Philip...
Swisher Launches Inclusion, Diversity & Transformation Initiative
Over the past several weeks, Swisher International's leadership team and employees have engaged in honest and at times difficult conversations about the devastating effects...
Five Ways to Move Past the Freeze
By know you know that running your stogie business on what’s new isn’t going to cut it moving forward, thanks to the halt on...
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...
WHO Questions the Tobacco Industry’s Sustainability Claims
Just how environmentally friendly is today's tobacco industry? The World Health Organization (WHO) has released a new report that brings into question the tobacco...
ITG Brands and Tabacalera USA Donate $50k to Florida Hurricane Relief
Weeks after donating $50,000 to the American Red Cross’ relief efforts in Texas following Hurricane Harvey , ITG Brands and its premium cigar division...
Scandinavian Tobacco Group Reports Strong Q1 Results
Scandinavian Tobacco Group (STG) experienced a stronger than expected first quarter. In its latest interim report, STG revealed its organic growth exceeded expectations in...
Philip Morris International Becomes Majority Shareholder in Swedish Match
Philip Morris Holland Holdings B.V. (PMHH), an affiliate of Philip Morris International (PMI), has become the majority shareholder of Swedish Match. This comes after...
