Sarah Santos will be the next head of Cigars International, the world’s largest retailer. Officially, Santos’ title will be president of North American Online and...Read More
It would appear that some of the cost cutting measures taken by Scandanavian Tobacco Group (STG) are working. STG—the parent of General Cigar Co., Cigars...Read More
We rate cigars, not cigar M&A deals, but I’d have to give Scandinavian Tobacco Group’s (STG) planned acquisition of Royal Agio Cigars a pretty decent...Read More
Scandinavian Tobacco Group (STG) has announced plans to the Dutch-based Royal Agio Cigars in a deal valued at €210 million ($232.61 million). Formally, the deal...Read More
Scandinavian Tobacco Group (STG) has announced its financial results for the second quarter of 2019. Revenue fell .9 percent compared to 2018 with the company...Read More
Craig Reynolds, the leader of the Cigars International—the world’s largest cigar retailer—will be retiring in May 2020. That is when his contract ends, though Reynolds...Read More
Cigars Intertnational has announced the location of its first Florida store: Pasco County. The world’s largest cigar retailer has submitted plans for a 9,500-square-foot standalone...Read More
Régis Broersma will return to Europe. Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International and others—announced that Broersma will return to...Read More
Scandinavian Tobacco Group (STG)—the parent company of Cigars International, General Cigar Co., Thompson and others—announced its financial results for the first quarter of 2019. While revenue growth is down 1.6 percent, the company says that EBITDA growth, a measure of profit, is up 7.3 percent. STG generated DKK 1.464 billion ($218.48 million), which is actually […]Read More
