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Scandinavian Tobacco Group

STG Sales Dip in Q1 2022

“Consumer demand for handmade cigars in the US remained robust in the quarter though with signs at the end of the quarter of a return to the structural declining volume trend,” is not the best of news.

Cigars International Plans 6-8 New Stores by 2025; Doubling Retail Footprint

Cigars International’s retail expansion will kick into another gear as the company plans 6-8 more Super Stores in the next two to three years. This will double the number of Super Stores locations Cigars International has in the U.S. bringing the number to at least one dozen retail stores.

STG Reports Record Profits, Revenues in 2021

The parent company of Cigars International, General Cigar Co., Thompson and others reported record revenue and profits in 2021, in large part due to strong demand for premium cigars. That said, STG believes that the COVID-19 bump has peaked and its business will get back to normal.

Scandinavian Tobacco Group Promotes Steve Abbot to General Cigar Co.’s Director of Marketing

The marketing department at General Cigar Co. has a new leader, as Scandinavian Tobacco Group (STG) has announced that Steve Abbot has been promoted to…

Club Macanudo Opens in Kuala Lumpur

If you happen to find yourself in Kuala Lumpur, you now have a new place to light up a cigar, as Club Macanudo has opened…

Manuel Rubio Appointed Head of Nicaraguan Chamber of Tobacco

The Cámara Nicaragüense de Tabacaleros (Nicaraguan Chamber of Tobacco) has announced the election of its new board of directors, which will serve in their roles…

Henrik Brandt Tabbed as Next STG Chairman

Henrik Brandt has been nominated to be the next chairman of Scandinavian Tobacco Group (STG), one of the world’s largest cigar companies. Brandt, currently the…

STG Acquires Moderno Opificio del Sigaro Italiano

Scandinavian Tobacco Group (STG) has announced that it has acquired a majority stake in Moderno Opificio del Sigaro Italiano (MOSI), an Italian cigar company. The…

STG Canada Restructured

Scandinavian Tobacco Group has announced that it has restructured its Canadian division, integrating STG Canada into its U.S. Operations. Gene Richter, vp of sales for…

STG’s Stock Hits Record High, Company Announces Q3 2021 Earnings

Yesterday, Scandinavian Tobacco Group A/S (STG), one of the world’s largest cigar companies and one of the few publicly-traded firms, saw its stock hit record…

STG Promotes Justin Andrews

Justin Andrews has been promoted to new business development manager of Scandinavian Tobacco Group’s (STG) North American Branded and Rest of World divisions. The new…