STG Promotes Régis Broersma to Chief Commercial Officer, Consolidates Commercial Divisions
Broersma will oversee STG’s businesses in 100 countries and different categories including premium cigars, machine-made cigars, tobacco-free nicotine products as well as retail stores.
STG’s 2023 Revenue Slightly Up, Profits Slightly Down
In 2023, The cigar giant generated DKK 8.7 billion ($1.27 billion) in revenue, nearly the same amount it generated in 2022.
Club Macanudo Jakarta Opens Tomorrow
The new store in Indonesia means there will be five Club Macanudo locations: two in the U.S. and three in Asia.
Club Macanudo to Open in Taipei, Taiwan This Month
The new lounge is located in Taiwan’s fashion capital and has an outdoor lounge that affords unique views of the city.
STG Expands Club Macanudo With Louisiana Location
Club Macanudo Bossier City opened last November at the Margaritaville Resort Casino in Bossier City, La.
Ten Questions for 2024
Will I be wrong about the shipping date for Fuente y Padrón Legends two years in a row? Probably.
STG Q3 2023 Revenues Drop by 3.9 Percent
A bright spot for the company: international sales of handmade cigars.
STG Stops Shipments of Alec & Bradley Gatekeeper Diamond Press Due to Quality Control Issues (Update)
The cigars did not meet the company’s expectation when it came to the shape of the diamond press.
STG Reports Lower Q2 2023 Results, Drops Guidance
Niels Frederiksen, ceo of STG, says the company is “continuing to make good progress on our ambition to grow the size of the company through retail expansion, acquisitions and portfolio diversification…”
The Cohiba Experience Opens at Ritz-Carlton Bacara, Santa Barbara
“The ultimate coastal cigar lounge” will open to the public this week.
STG Announces New Roles for Seven Former Alec Bradley Employees
When STG purchased Alec Bradley in February, the company said it would integrate Alec Bradley into its Forged division by June.