El Artista Announces Price Increase
El Artista Cigars is the latest company to inform retailers that it will be taking a price increase for the new year, sending out a letter today sharing the news.
It is a 5 to 6 percent increase across the company’s portfolio, except in the case of the value-oriented Buffalo TEN lines, which are seeing a more noticeable increase in the five-pack option. Those will be going from an MSRP of $22.50 to $25 in order to bring per-stick equity in pricing to all the formats. The pricing on the 20-count bundles and 40-count trays are remaining the same, meaning the cigars will have an MSRP of $5 each regardless of packaging format.
Like many other companies, the increase is necessitated by cost increases in several areas.
“Due to increases in raw materials, production and shipping, El Artista Cigars has been experiencing fluctuations in nearly every aspect of the business,” the company wrote in the letter. “Many of our suppliers have already raised prices and, despite our best efforts to control costs, we will be forced to increase prices for the first time in several years.” The company went onto say that it is the smallest possible increase it could take while continuing to ensure the quality and consistency of its products.
The increases go into effect on February 1.
The following chart is a live look at what companies have announced price increases or no price increase for 2022.
Patrick Lagreid
I strive to capture the essence of a cigar and the people behind them in my work – every cigar you light up is the culmination of the work of countless people and often represents generations of struggle and stories. For me, it’s about so much more than the cigar – it’s about the story behind it, the experience of enjoying the work of artisans and the way that a good cigar can bring people together. In addition to my work with halfwheel, I’m the public address announcer for the Colorado Rockies and Arizona Diamondbacks during spring training, as well as for the Salt River Rafters of the Arizona Fall League, the WNBA's Phoenix Mercury and previously the Arizona Rattlers of the Indoor Football League. I also work in a number of roles for Major League Baseball, plus I'm a voice over artist. Prior to joining halfwheel, I covered the Phoenix and national cigar scene for Examiner.com, and was an editor for Cigar Snob magazine.
Related Posts
-
November 8, 2021 -
July 8, 2016
