Padrón has announced a price increase on some of its lines effective Aug. 12, 2019.
“As the landscape of our industry continues to change due to economic and regulatory driven forces, Padrón Cigars continues in its commitment to delivering the same quality products we have been handcrafting since 1964,” said a letter from the Padrón family sent to retailers. “Unfortunately, the cost of doing business has increased dramatically for us, both in our US and Nicaraguan operations.”
The increase will be 40 cents per cigar for the company’s 1926, 1964 and Family Reserve Lines lines with the exception of the 1964 Soberano and Presidente tubos, which will increase 50 cents. That means a Padrón Family Reserve 45 Years now has an MSRP of $27.50 per cigar, while the 1964 Exclusivo now retails for $12.70.
Like last year, the Padrón Dámaso line is not part of the price increase.
|A.J. Fernandez||Not Announced|
|Alec Bradley||Price Increase|
|Altadis U.S.A.||Price Increase|
|Arturo Fuente||Not Announced|
|CLE Cigar Co.||Price Increase|
|Crowned Heads||No Increase|
|Drew Estate||Price Increase|
|Dunbarton Tobacco & Trust||Price Increase|
|E.P. Carrillo||Price Increase|
|J.C. Newman||Not Announced|
|La Galera||Price Increase|
|La Palina||No Increase|
|Miami Cigar & Co.||No Increase|
|My Father||Not Announced|
|Nat Sherman||Price Increase|
|Rocky Patel||Price Increase|
|RoMa Craft Tobac||Price Increase|