Tag

Scandinavian Tobacco Group

STG Announces Q1 2018 Results

The world’s largest cigar company started off 2018 in the right direction. Scandinavian Tobacco Group (STG)—which owns Cigars International, General Cigar Co., Thompson Cigar and...
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General Cigar Co. Promotes Chris Tarr to VP of Marketing, Restructures Sales Team

Chris Tarr will be the new vp of marketing for General Cigar Co. Tarr most recently served as region manager for the west region for...
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STG Completes Thompson Purchase

Scandinavian Tobacco Group (STG) has announced that it has finalized its $62 million purchase of Thompson and Co., a Tampa-based cigar retailer. While the deal...
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STG Announces 2017 Financial Results, Stock Drops

Scandinavian Tobacco Group A/S (STG), the parent of Cigars International and General Cigar Co., announced its 2017 financial results. As expected, the results were not positive....
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STG CFO Resigns

Sisse Fjelsted Rasmussen will resign as the chief financial officer of Scandinavian Tobacco Group (STG). Rasmussen has been with STG since 2008, which includes the company’s...
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A Statement on the Thompson Sale & the IPCPR

This week in Washington D.C. the board of the IPCPR, the International Cigar & Pipe Retailers Association, will meet for a semi-annual meeting. Amongst the...
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STG Acquires Thompson for $62mm

Thompson has found a buyer. Scandinavian Tobacco Group—the publicly-traded company that owns General Cigar Co. and Cigars International—has acquired Thompson and Co. of Tampa, Inc.,...
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2017 Awards: Company of the Year

For the most part, this was not a year of bold risks, massive capital expenditures or complete reboots. Instead, thanks to reasons FDA-related and not,...
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Ten Questions for 2018

It’s almost 2018, which means it’s time for my annual article of speculation. For the last eight years, something that actually precedes halfwheel, I will ask...
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Cigars International Details Plans for Texas Expansion

In late 2012, Cigars International completed the largest free-standing cigar store in the world: a multi-story, 12,000-square-foot retail space disguised like a hunting lodge in...
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Swedish Match Sells STG Stake, Exits Premium Cigar Business

Swedish Match, once the largest player in the U.S. premium cigar industry, is no longer in the premium cigar business. The company announced that its...
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