Oliva Announces Price Increase
Oliva Cigar Company has informed retailers that a price increase will take effect February 1, 2012, on all premium cigars, which includes the NUb and Cain brands under the STUDIO TOBAC banner. This is the second year in a row Oliva has raised prices on February 1. Last year they announced a 5% price increase across the board which also took place February 1.
It would seem rather unlikely that Oliva will be the only one to raise prices in the immediate future, even following a year when the majority of major manufacturers announced various price increases.
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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