Earlier this month Altadis U.S.A. informed retailers of a price increase that went into effect yesterday. In a copy of a letter written by Javier Estades, general manager of premium cigars, Altadis U.S.A. cited production costs for the increase.

“Unfortunately, like others in our industry, we are subject to rising tobacco and manufacturing costs, which during the past few years have been come significant,” wrote Estades. “Consequently, we have been forced to revise our pricing structure to reflect a portion of these increases.”

January is the most popular month for manufacturers to raise prices; Altadis U.S.A. was one of more than a dozen to do so last year at this time.

As is often the case, end consumers may not immediately notice the increase as retailers work through stock purchased before January 19.

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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.