Perdomo Cigars will raise prices on all but four of its 17 lines effective Jan. 1, 2018.
“Due to the ongoing FDA regulations and the continuous cost increases in manufacturing, we will have a small 3 percent price increase on a few of our brands,” said Nick Perdomo Jr., the company’s ceo, in a letter to retailers. “Considering our already very low price points, we will continue to hit the sweet spot in today’s marketplace. As you know, we do not like to increase any prices, but it is truly the very best we can do under these circumstances.”
The four lines not increasing are Double Aged 12 Years Vintage, Edición de Silvio, Estate Seleccion Vintage and Small Batch Series.
Perdomo’s most recent increase went into effect earlier this year.
Many manufacturers announce price increases in the first quarter of the year.
|A.J. Fernandez||Price Increase|
|Alec Bradley||Not Announced|
|Arturo Fuente||Price Increase|
|Drew Estate||Price Increase|
|J.C. Newman||Not Announced|
|La Palina||Not Announced|
|Miami Cigar & Co.||No Increase|
|My Father||Not Announced|
|Nat Sherman||No Increase|
|Rocky Patel||Not Announced|