Last month, it was announced that Nat Sherman International would be exiting the premium cigar business after 90 years in business. Today, the brand’s landmark retail location on East 42nd Street in Manhattan has shut its doors for good. The closing of the retail store happened ahead of schedule as the company was planning to […]
After over 90 years, Nat Sherman International will exit the cigar business. Today Nat Sherman announced that at the end of September 2020, it will cease operation of its wholesale cigar business and close its flagship Nat Sherman Townhouse store in midtown New York. Back in October 2019, it was announced that Nat Sherman International […]
On October 23rd, tobacco giant Altria announced it was exploring options for Nat Sherman International, including the possibility of a sale. A part of the potential sale includes its wholesale premium cigar business as well as the lease of the company’s flagship Townhouse store in Manhattan. Today, we take a closer look at what this […]
Tobacco Giant Altria has announced today it is exploring options for Nat Sherman International, including the possibility of a potential sale. A part of the potential sale includes its wholesale premium cigar business as well as the lease of the company’s flagship Townhouse store in Manhattan. Altria acquired Nat Sherman International early in 2017. Prior […]
Tobacco giant Altria has announced its merger talks with Philip Morris international have come to an end. “While we believed the creation of a new merged company had the potential to create incremental revenue and cost synergies, we could not reach agreement,” said Howard Willard, Altria’s Chairman and Chief Executive Officer in a press release. […]
Altria Group Inc. has announced it is in discussions with Philip Morris International regarding a potential all-stock merger of equals. If the merger happens it will reunite the two groups. “There can be no assurance that any agreement or transaction will result from these discussions. Additionally, there can be no assurance that if an agreement […]
Last month, tobacco giant Altria announced it will support federal legislation that would mandate a minimum age of 21 to purchase any tobacco product. The move was made in anticipation of the U.S. Food and Drug Administration (FDA) calling for a ban on flavored tobacco. Last month in the Unified Agenda the FDA stated in […]
When it comes to the cigar industry, there is a line from a John Lennon song that sticks in my head “Nobody told me there would be days like these”. That’s what happened last week when a controversy erupted following a Cigar Aficionado article on Altria’s position on FDA regulation submitted as a part of […]
For Episode 61 Matt Booth returned to Prime Time. While we will catch up on things since his return to the cigar industry as well as his new Room 101 Gin. Remember anything can happen when Boofy comes to Prime Time. On our Debonaire Ideal segment, we discuss what it was like to stay in […]
Folks are more than aware of a controversy where a Cigar Aficionado article brought forward from comments submitted by Altria in regards to the Advanced Notice of Public Rulemaking (ANPRM) for premium cigars. The comments are controversial because Nat Sherman is an operating company within the giant tobacco conglomerate of Altria who has taken a […]
