Hiram & Solomon Cigars has announced that it will be increasing prices in 2022, informing its retailers of a 7 percent across-the-board increase.
“We are not happy with it but we are forced to do it,” said Fouad Kashouty of Hiram & Solomon, who attributed the need for an increase to increasing raw materials costs and shipping rates. “Shipping costs are higher than ever before,” he said, adding that he was confident that retailers and consumers would understand the need for the increase.
“We promise them that we will continue to provide the best quality cigars,” he added.
The increase will go into effect on orders received after Jan. 1.
The following chart is a live look at what companies have announced price increases or no price increase for 2022.