Interesting news regarding Cuba… Despite reports of cutting sizes, Habanos S.A. is apparently turning better profit margins than last year. The explanation is the rise in new millionaires, part of which has to be helped by China’s surge in smoker’s clubs.
In the “recent tobacco legislation” section of the news… The smoking laws continue to kill business, the latest victim: the VIP Lounge of El Gaucho Steakhouse in Tacoma, Washington. Wisconsin’s state-wide indoor smoking ban started last week. You can read my thoughts about the recent enactment of PACT, here.
In new cigar news… Three confirmed: the La Aurora 107 Corona, two new sizes for Cruzado line of Illusione and the Master by Carlos Toraño from Toraño Cigars and Felipe Sosa.
Charlie Minato
I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I have written about the cigar industry for more than a decade, covering everything from product launches to regulation to M&A. In addition, I handle a lot of the behind-the-scenes stuff here at halfwheel. I enjoy playing tennis, watching boxing, falling asleep to the Le Mans 24, wearing sweatshirts year-round and eating gyros. echte liebe.
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