Scandinavian Tobacco Group

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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STG, Parent of Cigars International, Confirms Two Texas Stores for 2018

Scandinavian Tobacco Group announced its Q3 financial results and more importantly for those in Texas confirmed it was opening two new retail stores in the...
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STG Announces Q3 Results, Confirms Cigars International Expansion

Cigars International was once again the main feature of Scandinavian Tobacco Group’s (STG) quarterly results. STG, which also owns General Cigar Co. amongst others, reported quarterly...
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Cigars International Building Stores in Texas

The world’s largest cigar retailer is heading to Texas, as Cigars International is finally moving forward with a long talked-about Texas expansion. Craig Reynolds, president of...
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STG Reports Poor Q2 Results

Scandinavian Tobacco Group (STG) has announced its financial earnings for the second quarter and as expected the results aren’t great. The parent company of General...
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