Scandinavian Tobacco Group (STG), the global parent company to General Cigar, has reported its Q1 (January 1 – March 31) 2018 earnings. While the company reported negative growth in its machine-made category, it did report increased growth in the handmade cigars category. Overall Highlights of the earnings included: Net Sales of 1,285 million DKK showing […]
Scandinavian Tobacco Group (STG) has announced its acquisition of Thompson Cigar is now completed. It was back on January 31st that STG announced it had entered into an agreement to acquire the U.S. based retail giant. In a press release, STG commented, “The acquired business is a leading online retailer of cigars in the […]
It’s a jam-packed Special Edition #23. For our Big Story, Bear and I talk about our Davidoff Viaje Al Origen visit to the Davidoff operations in the Dominican Republic. Plus we revisit our lab experiment of aging a Dunbarton Tobacco & Trust Todos Las Dias cigar; discuss some more of the recent acquisitions in the […]
Only hours after the cigar industry’s first major acquisition of 2018, comes news of the second. Today, following the announcement of Quality Importers acquiring XIKAR, Scandinavian Tobacco Group (STG) has announced it has entered into an agreement to acquire Thompson and Co, the catalog retail giant known as Thompson Cigar. The purchase price for Thompson is $62 […]
In 2010, Scandinavian Tobacco Group and Swedish Match AB formed a new company under the Scandinavian Tobacco Group name. At that time, Swedish Match brought its premium cigar, tobacco, and pipe business with STG’s tobacco business. Yesterday that arrangement came to an end as it was announced that Swedish Match had sold its remaining shares […]
Drew Estate has announced that Scandinavian Tobacco Group (STG) Canada will now handle distribution for its products in both the domestic and duty-free markets in Canada. Concurrently, this announcement ends Drew Estate’s relationship with House of Horvath, which had been handling Drew Estate’s distribution for the past three years. The new distribution agreement with STG Canada goes into effect August […]
British American Tobacco (BAT) has announced it will be removing Dunhill Cigar and Pipe Tobacco from its brand. The move appears to mean the end to of the oldest names in cigar and pipe tobacco. Dunhill is currently owned by tobacco giant British American Tobacco, a tobacco giant largely focused in the cigarette business. While […]
Scandinavian Tobacco Group (STG) has announced a restructuring that will bring General Cigar, STG Lane, STG Canada, and Cigars International under one group for its North American business. As a part of the change, STG announced that Craig Reynolds will assume the role of Executive Vice President for STG, North America. The changes will […]
Lucious Lyon is a limited edition line of cigars inspired by the Fox network television series Empire. The cigar is named for the main character of the television show, Lucious Lyon. The character is portrayed by actor Terrence Howard. On the show, Lyon is former rapper and singer who is also a drug dealer. He used […]
Fans of the FOX’s hit television program EMPIRE have a new line of cigars and accessories to look forward to. Today Meier & Dutch announced the launch of Lucious Lyon, a new high end luxury line line inspired by the name of EMPIRE’s lead character. As a part of the line, the Luscious Lyon Limited […]
