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62

TOBACCO BUSINESS INTERNATIONAL

SEPTEMBER/OCTOBER 2015

V i e w F r o m T h e T o p

attention. “Over the years, AVO had developed a

role in themail-order channel where it was heavily

discounted,” explains Young.The company solved

that issue by relaunching the brand with a new

price-protected commercial policy, a streamlined

SKU count, and a change from 25-count boxes

to 20-count boxes. AVO also got a new tagline,

“Savor Every Moment,” which was partially in

homage to Avo Uvezian, who, at age 89, remains

the face of the brand.

The focus on fine-tuning its portfolio of brands

and bringing new, innovative introductions to

market has proven effective. In an industry where

sales are generally flat, Davidoff has been seeing

steady double-digit sales growth year-over-year.

Going forward, Young is optimistic about

the company’s ability to maintain that growth

rate. “We’ve consistently been able to exceed

the market growth rate and that in turn

enables us to continue to support our brands

with promotions,” he says, noting that part of

that support includes providing retailers with

promotional support. “Any retailer looking for

help merchandising our products will find us

a company willing to provide them with that.

We will continue to deliver big ideas that excite

consumers, drive them into your stores and grow

your business.”

TBI

Davidoff Boutiques: Spectacular Showrooms

One of a handful of cigar makers with flagship stores, Davidoff has been growing its retail

presence. Historically, the company has tended to open stores outside the U.S., where it

currently has around 65 abroad. However, it is currently in the process of opening a second

store in New York City, and already has locations in Atlanta, Georgia; Tampa, Florida; and

Houston, Texas, as well as a handful of licensed shops in Las Vegas, Nevada.

“We will not do a never-ending string of store openings,” promises Young. “But we wanted

to put our flag down and provide the full Davidoff experience in a handful of

places.We

have

a strategy to patiently identify promising locations.”